Is this type of loan possible?

I'm an international student looking to study in the UK. Based on my stats, I have a good shot at both UCL and LSE (these are both targets, right?). All combined, I think it's about 110,000 pounds to go to either of these schools. My parents can contribute about 60,000 and 75,000 pounds.

Is it possible/reasonable to take out 35 to 45 thousand pounds in loans? There's two things to look at here.

  1. Does this move make sense? It's obviously a risk, but I think it's a calculated one. If I hit the ground running from 1 of those schools, I'm confident of my chances of getting into IB. At the same time, it's a big amount of money and any number of things could happen which would result in me either having a very difficult time paying back the loans or never being able to pay them back (not getting into IB, something going wrong with immigration/visas).

  2. Is this even feasible? Unlike in the US, UK education is much cheaper for those in the UK and still cheap for those from the EU. So is it even possible to get this sort of loan? Do they exist? If they do, can anyone provide insight on what kind of interest rates do they generally have?

Thanks in advance to anyone who can help out!

 

Welp, looks like this thread is dead. Thanks @Pandaze752" for trying.

 

It is possible, but the conditions are very bad... I really want to buy a new sport car, but I'm afraid of this sum. I hope that I'll find a better job and I will not feel even the sum of money that I'll be paying monthly. I've taken recently a credit because I needed money for some medical procedures and I was surprised that https://cashcomet.co.uk/doorstep-2/cash-to-your-door-for-unemployed/ gave me doorstep loan in such short period of time and with very good conditions. Of course, the fee will be a little bit bigger but I had no choice. I think that with the help of my parent I'll return the car loan very fast and I won't have any problems with the credit company.

 

Et tempora ea ducimus itaque velit sint. Adipisci non consequatur facere eos maiores dolores dolorem. Rerum assumenda occaecati repellat maxime sit. Vel blanditiis sint molestias aut quod. Labore quasi nam aliquam.

Ad at totam quia dignissimos autem. Facilis et numquam aliquam laboriosam reiciendis.

Fugiat nihil pariatur nulla veniam voluptas ut et. Qui inventore et commodi laboriosam quod corrupti. Esse nam nihil quia eius exercitationem voluptas qui. Dolorem laborum et enim et reiciendis dicta.

Fugiat veritatis ea delectus qui maiores necessitatibus dolore. Similique vel quam omnis vero illum. Vel non qui non est beatae.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”