The papers are constantly telling us that the economy is all messed up. That students cannot get jobs when they leave University with debts and ridiculously high applications-to-graduate-jobs figures are being quoted almost every week.
Today joy of joys the BBC is headlining with “Students to face higher costs as graduate tax proposed” whilst a quote from today’s Guardian Online reads “It makes gloomy reading for those studying computer science and IT – they have the lowest employment rate for any area of study”. Lucky us.
Natwest also sent me a nice letter saying they are going to stop paying me interest on my student account. I don’t know what the rate of interest I had been receiving from them was but it is the principle of the matter! The savings I have elsewhere are earning me something like a pathetic 2% a year thanks to low interest rates caused by all those people buying houses they couldn’t afford and inflating the prices so I will have no chance of owning one for the next 20 years or so.
So the parents of my generation not only got paid to go to University and benefited from vastly increasing house prices once they were on the property ladder they also get to retire at an age which is totally unaffordable leaving us to work longer and pick up the bill!
Grrr. I bet that if I do manage to save up to buy a house interest rates will magically be much higher then. </rant>