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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`

Student debt: tuition fees could hit £7,000 a year

28/08/2009

The National Union of Students (NUS) has raised concerns over changes that could see students picking up £21,000 of debt from tuition fees alone over a three-year degree, thisismoney.co.uk reports.

Tuition fees are currently capped at £3,255 per year for undergraduate study, but university chancellors have been asking for the power to charge higher fees of up to £7,000 - meaning the majority of students who take on student loans for fees and maintenance loans would leave university with between £31,692 and £41,782 of debt.

People opposing higher fees say they are leading to unmanageable debt among graduates and are discouraging `those from poorer backgrounds` from going to university.

Wes Streeting, President of the NUS, commented: "It`s certainly true that applications to universities continue to rise, but it`s a serious cause for concern that the Government seems to be assuming that because applications are up, no one is being deterred by the debt."

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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