Saturday, 13 August 2011

Student Debt

Some fascinating stuff in the Guardian today about student loans and debt management. I am having a birthday party/housewarming/potluck thing this evening so to be honest don't have time to go through it fully, but it looks like a good read.

As a heads up, I am fairly heavily in debt, but it could be worse; I have paid back approximately £100 of my student loan and I graduated two years ago. I currently owe a bank a small amount of money in terms of an overdraft, but nothing outrageous. I managed to graduate owing absolutely nothing on credit cards or overdraft due to a combination of being fairly boring, working my socks off, and having a car accident in my fourth year of studies which resulted in permanant back problems but on the bright side I ended up with a payment for the injuries, as the accident wasn't my fault.

I do not advise this as a method for paying off your debts.

Now if you'll excuse me I need to run around Seaside Town like an unsuccessful Come Dine With Me contestant.

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