Also works if you start one degree, get bank account, drop out, don't tell them, then start another just as the massive freebie overdraft is about to expire. Bingo: four year extension.
(bolshevette, Tue 22 Jun 2010, 16:24, 1 reply)

My mate's dad reckons that's how he funded his university days and then first business:
Took out a bunch of student accounts, maxed out the overdrafts and put all the cash into one account and lived off the interest.

I reckon my mate's dad is full of shit.
( Je suis un vagabond is an unfunny, up your own arse middle class knob, Tue 22 Jun 2010, 16:46, closed)

Almost doable
Though most of them have in the terms that you can't have another current. Taking everything out into a decent savings account, and putting as much of the student maintenance loan as you can into there helps (about 6k per year with some of the bigger overdrafts and basic loan), not enough to live entirely off interest, but takes a decent chunk out of the debt.

Really wishing I'd put my first couple terms of loan (plus all the overdraft I could get and my savings*) in the 8% four year fixed term accounts that were floating around back then... Last time I take financial advice from my dad ("But interest rates could go up!" "Yes, but surely not *that* far above 8%" "It's still not the best thing to do")

(*from a world challenge trip I didnt get to go on due to medical issues, which luckily included fully comprehensive medical insurance, so i got back all the money I'd been earning for the previous 2 years (mostly from actual work rather than sponsorship).)
( Tedium Alduce me to interlow myself., Tue 22 Jun 2010, 17:11, closed)