Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited.

I thought student loans didn't have interest, or at least very low interest? [UK]
If I recall correctly, the pay schedule is such that you initially pay mostly interest.  As James Roth suggests, look at the terms of the loan, specifically the payment schedule.  It should detail how much is being applied to interest and how much to the actual balance.