Compared to private loans, ISAs have two main protections.

Downside Protection - if you don't land a job and have an income below the threshold, you don't have to make any payments.

Upside Protection - if you land an amazing job and have a much higher than expected salary, the repayment cap stops your payments from getting too high.

Either way, ISAs have checks and balances to give you the best possible path to a great future after your education.

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