Watched Panorama last night, don't normally watch it but was quite intersting, looking at the major problem of debt that is facing the nation. I though i'd open up a serious discussion on tMP (a new concept for my threads) about how much of a problem it is really, amongst you lot. Most of whom are well educated (you play a musical instrument, and have had the oppertunity to learn one, you use the internet with ease and have access to it etc.) but no doubt differing financial backgrounds and employment types. Personally my biggest gripes about the economy are... a) at University the main thing we are taught is how to get into debt, by being given (and encouraged to get) £3k + per year in student loan, totalling £12k for people like myself who did a 4-year course. Is this morally correct that these should be encouraged? Especially to people like myself who probably could have survived (just) without it. b) it is easy to get credit cards and loans, these are heavily marketed, but the same is not true for savings and investments, not in the same way anyway as far as i can see. c) despite earning not much less than the national average of £25k, I cannot get onto the property ladder unless i 1) live somewhere i don't want to (and i don't mean because it doesn't suit me but for reasons of high crime or poor amenities etc.), 2) by a box that is about to collapse and isn't worth anything 3) take out a 100% mortgage of 4 or 5 times my salary, (which i could easilty get - again is it morally right that i can). however (excluding my student loan), i am probably far less in debt than a lot of people. but that is through recently tightening my belt considerably. your comments... good people.