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More than 4 million fear they`ll be made redundant Consumers took on more mortgage debt in July Debts called in by parents Teenagers `scared of debt` Rising household costs could pressure people in debt Pensions debt may impact workers` retirement funds Welsh young adults `at highest risk of debt problems` Over 50s can`t afford to enjoy retirement because of debts Budget: tackling the nation`s debt Short-term debt: `no need for price control` The cost of clearing debt Education debt Tackling the national debt Number of mortgage deals on offer exceeds 3,000 Almost 5 million take on debt to pay household bills OECD: household debt more than 120% of disposable income Petrol price falls help people in debt Amount of mortgage debt taken on at lowest level in ten years Northern Ireland sees significant IVA rise Overdraft debt `becoming more expensive`

University students teach youngsters about debt

12/03/2009

Law students from the University of Exeter have visited a College to teach the youngsters about debt.

Youngsters in Year 10 at the Isca College of Media Arts were shown an overview of the credit crunch. The University students talked to them about the impact of debt and about the need to seek debt help if necessary.

They also went into subjects such as budgeting effectively.

"I thought the students gave an excellent presentation and the feedback has been positive too," said Jo Elliott, Head of Guidance and Drama.

There were workshops which gave the youngsters the chance to look at budgeting in more detail, helping them build the skills they`ll need when they have to make important financial decisions.

The Year 10 students were also encouraged to join in and make a short video on how to seek debt advice.

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Debt Advisers Direct offer free debt advice and a range of debt solutions, including debt management plans, debt consolidation loans and IVAs (Individual Voluntary Arrangements).

More than 4 million fear they`ll be made redundant 16/12/2010 - According to R3`s quarterly personal debt tracker, more than 4 Consumers took on more mortgage debt in July 26/08/2010 - Consumers took on £2bn more mortgage debt than they repaid Debts called in by parents 26/08/2010 - According to research, `the bank of Mum and Dad` is Teenagers `scared of debt` 19/08/2010 - Nearly two thirds of teenagers are `scared` of debt, according