In a further blow to those who have been through university, got a semi decent job but have yet to either pay off their student loan or find the way on to the housing ladder, their credit rating is about to get trashed as well.
The government is about to start listing people's Student Loan payment record on official credit rating agencies despite pressure from lobbyists saying it will give debt ridden graduates another hurdle to jump when it come to buying a house.
We Don't Need no Edumacation
No one is sure of the thinking behind this but everyone who maybe spent too long paying their debts off probably now wishes they hadn't... good job for the Government.
Have a good weekend.