Page 1 of 2

The Shift into Teaching...

Posted: Thu Feb 20, 2020 3:39 am
by Yerg
So, some may remember that quite some time back, I made a post about thinking about a late life change and moving in to teaching.

Well, I have quit the high salary/high stress lifestyle and returned to university to earn myself a degree. (To be fair, this has been an itch I have needed to scratch for quite some time since I left school at 17.) I have to pay due credence to the UK here, I have been able to avail of an £18k student loan (i.e. not my savings) to go back to school. (The first time I have ever used a government funding scheme in my entire life.) I was completely surprised how easy it was and how long I get to pay it back (interest free).

I took a school-based job so that I could earn a reasonable salary while I am working for my degree, and will also be volunteering at the same school to begin the earning of credits.

The next two years will be spent working, studying and probably summers in PP, earning my degree and moving in to teaching. So we are clear, it is my aim to teach in the UK. Just holiday in PP :beer1:

If there is any advice my learned CEO members wish to impart, I'd be glad to read it. Failing that, I look forward to a few summer weeks meeting up with some of you and enjoying a beer or two between modules. :hattip:

Re: The Shift into Teaching...

Posted: Thu Feb 20, 2020 3:58 am
by pczz
Yerg wrote: Thu Feb 20, 2020 3:39 am So, some may remember that quite some time back, I made a post about thinking about a late life change and moving in to teaching.

Well, I have quit the high salary/high stress lifestyle and returned to university to earn myself a degree. (To be fair, this has been an itch I have needed to scratch for quite some time since I left school at 17.) I have to pay due credence to the UK here, I have been able to avail of an £18k student loan (i.e. not my savings) to go back to school. (The first time I have ever used a government funding scheme in my entire life.) I was completely surprised how easy it was and how long I get to pay it back (interest free).

I took a school-based job so that I could earn a reasonable salary while I am working for my degree, and will also be volunteering at the same school to begin the earning of credits.

The next two years will be spent working, studying and probably summers in PP, earning my degree and moving in to teaching. So we are clear, it is my aim to teach in the UK. Just holiday in PP :beer1:

If there is any advice my learned CEO members wish to impart, I'd be glad to read it. Failing that, I look forward to a few summer weeks meeting up with some of you and enjoying a beer or two between modules. :hattip:
Student loans are expensive. Cheaper to tack it on your mortgage if you got one. Every time in the last 30 years i tried to o back to uni the damn government has changed the rules so idon't qualify. Now I am too old cos I will be retired when the degree finishes :-(

Re: The Shift into Teaching...

Posted: Thu Feb 20, 2020 4:45 am
by Yerg
pczz wrote: Thu Feb 20, 2020 3:58 am
Yerg wrote: Thu Feb 20, 2020 3:39 am So, some may remember that quite some time back, I made a post about thinking about a late life change and moving in to teaching.

Well, I have quit the high salary/high stress lifestyle and returned to university to earn myself a degree. (To be fair, this has been an itch I have needed to scratch for quite some time since I left school at 17.) I have to pay due credence to the UK here, I have been able to avail of an £18k student loan (i.e. not my savings) to go back to school. (The first time I have ever used a government funding scheme in my entire life.) I was completely surprised how easy it was and how long I get to pay it back (interest free).

I took a school-based job so that I could earn a reasonable salary while I am working for my degree, and will also be volunteering at the same school to begin the earning of credits.

The next two years will be spent working, studying and probably summers in PP, earning my degree and moving in to teaching. So we are clear, it is my aim to teach in the UK. Just holiday in PP :beer1:

If there is any advice my learned CEO members wish to impart, I'd be glad to read it. Failing that, I look forward to a few summer weeks meeting up with some of you and enjoying a beer or two between modules. :hattip:
Student loans are expensive. Cheaper to tack it on your mortgage if you got one. Every time in the last 30 years i tried to o back to uni the damn government has changed the rules so idon't qualify. Now I am too old cos I will be retired when the degree finishes :-(
Fair enough pczz, but I'm perhaps not as old as you. I don't have a mortgage, so that's not really an option for me.

I begin to pay back when I earn over a certain level after my study period And it remains interest free. Not really sure why a mortgage would be a better option? Unless of course your mortgage pays you to borrow from them?

Alternatively, if I work abroad for 5 years after my loan, it gets written off. Not that I'll do that, because that would make me a welch upon my own society. And I wouldn't do that out of pure personal principal.

Re: The Shift into Teaching...

Posted: Thu Feb 20, 2020 9:06 am
by phuketrichard
How old are you?
I have a friend that went back at 42 to get his masters in education so he could get a good paying teaching job .
Now works at the American hs in Yangon, gets a 2 bedroom luxury apt, free education for his 12 year old son, a flight back to the states yearly & all his visas and such+ $3,200/month. Plans are to teach overseas until he is in his 50's and than return to the statesand continue to teach to build up his SS.

Can be a good career move if ur not to old
Best of luck

Re: The Shift into Teaching...

Posted: Thu Feb 20, 2020 9:54 am
by angsta
Yerg wrote: Thu Feb 20, 2020 4:45 am
pczz wrote: Thu Feb 20, 2020 3:58 am
Yerg wrote: Thu Feb 20, 2020 3:39 am So, some may remember that quite some time back, I made a post about thinking about a late life change and moving in to teaching.

Well, I have quit the high salary/high stress lifestyle and returned to university to earn myself a degree. (To be fair, this has been an itch I have needed to scratch for quite some time since I left school at 17.) I have to pay due credence to the UK here, I have been able to avail of an £18k student loan (i.e. not my savings) to go back to school. (The first time I have ever used a government funding scheme in my entire life.) I was completely surprised how easy it was and how long I get to pay it back (interest free).

I took a school-based job so that I could earn a reasonable salary while I am working for my degree, and will also be volunteering at the same school to begin the earning of credits.

The next two years will be spent working, studying and probably summers in PP, earning my degree and moving in to teaching. So we are clear, it is my aim to teach in the UK. Just holiday in PP :beer1:

If there is any advice my learned CEO members wish to impart, I'd be glad to read it. Failing that, I look forward to a few summer weeks meeting up with some of you and enjoying a beer or two between modules. :hattip:
Student loans are expensive. Cheaper to tack it on your mortgage if you got one. Every time in the last 30 years i tried to o back to uni the damn government has changed the rules so idon't qualify. Now I am too old cos I will be retired when the degree finishes :-(
Fair enough pczz, but I'm perhaps not as old as you. I don't have a mortgage, so that's not really an option for me.

I begin to pay back when I earn over a certain level after my study period And it remains interest free. Not really sure why a mortgage would be a better option? Unless of course your mortgage pays you to borrow from them?

Alternatively, if I work abroad for 5 years after my loan, it gets written off. Not that I'll do that, because that would make me a welch upon my own society. And I wouldn't do that out of pure personal principal.
You aren't 'welching'. They made the rules and you are applying them. I had no idea you could work abroad and avoid the repayments. Brilliant.

Re: The Shift into Teaching...

Posted: Thu Feb 20, 2020 11:10 am
by Khmu Nation
Are going to be doing a PGCE after graduating and then becoming a 'real' teacher? Or a degree in education?

Good luck.

Re: The Shift into Teaching...

Posted: Thu Feb 20, 2020 3:57 pm
by Yerg
Khmu Nation wrote: Thu Feb 20, 2020 11:10 am Are going to be doing a PGCE after graduating and then becoming a 'real' teacher? Or a degree in education?

Good luck.
Yes, going after PGCE too. No point doing it by halves lol

Re: The Shift into Teaching...

Posted: Thu Feb 20, 2020 4:55 pm
by Doc67
Yerg wrote: Thu Feb 20, 2020 3:57 pm
Khmu Nation wrote: Thu Feb 20, 2020 11:10 am Are going to be doing a PGCE after graduating and then becoming a 'real' teacher? Or a degree in education?

Good luck.
Yes, going after PGCE too. No point doing it by halves lol
Why do you think that student loans are interest free?

"From 1 September 2019, for students from England and Wales who started university in or after 2012, the headline student loan interest rate reduced from 6.3% to 5.4%"
https://www.moneysavingexpert.com/stude ... dent-loan/

Re: The Shift into Teaching...

Posted: Thu Feb 20, 2020 5:34 pm
by fazur
UK way better in this respect than US

Re: The Shift into Teaching...

Posted: Thu Feb 20, 2020 7:53 pm
by Khmu Nation
fazur wrote: Thu Feb 20, 2020 5:34 pm UK way better than US
Edited for truth