afe66: I agree it's not a tax, I was inferring that there is a downside of not actively paying your loan back as is it's slightly depressing to have 45% of income taken in tax/repayments.

That's why I made active payments and cleared my loan as fast as possible and ?enjoyed the 12% increase in take net pay once.

A.


Thanks, understood.  An I agree that clearing debt and more money in the pocket is a good feeling.