Many consumers are being lured into the debt culture, while at the same time earning a degree in the hopes of living a good life. An oxymoron; analysts warn recent graduates that it is impossible to build wealth while they owe high interest loans.
In fact, a mortgage costs the homeowner twice the purchase price. Many […]
Graduation Increases Debt
Friday, July 27th, 2007Jump Start for Students
Monday, July 16th, 2007Many students ruin their wealth building opportunities and wealth building strategies within a year of leaving university. One of the first mistakes is that they stay loyal to the financial institution that issued their student loan, according to new reports by Moneyfacts.co.uk.
They offer several tips for recent graduates that include:
“Make a list of exactly how […]
Female Graduates Success
Friday, June 22nd, 2007A report from the Equal Opportunities Commission states that there are an increasing number of graduates that are finding it difficult to get the job that they wanted after university. The report has found that highly-educated women are twice as likely to end up in a low-paid job with nearly one in eight female graduates […]
Under 30 Generation Saturated With Debt
Wednesday, May 23rd, 2007The 20s and early 30s have the highest borrowing of any age group, according to a new report.
Alliance & Leicester’s Borrowing Monitor indicates that this age category average unsecured debts of £5,863, 29% higher than the national average. They account for 30% of the national, unsecured loan debt burden.
People in their 20s and 30s are […]