It's also illegal in the UK to reinvest your student loan. Update: I can't find a link to back this statement up and at least one UK Bank (Barclays) seems to e

It's also illegal in the UK to reinvest your student loan. Update: I can't find a link to back this statement up and at least one UK Bank (Barclays) seems to encourage it. My evidence is therefore purely anecdotal — I remember it being noted in the terms at the time.