ahh the innocence of youth...
how much is the course going to cost? 70k? so if there was no interest on the loan about 700 quid over 8 years? (but there is so perhaps payments will be more)
Average salary of FO around 28-30k - 1700 quid take home a month.
do the maths
1700 in
700 loan out
600 rent out
400 food/beer out
100 car out
= -100 quid a month...
You better look at the bankruptcy thread