Gosling's Grouse: Introduction to debt
18-year-olds offered loans
Founding editor of Investment Week Lawrence Gosling
One of my children reached 18 recently - a momentous occasion in any kid's life and similar for the parents, but the days when you sent them out into the world at this age are long gone.
I am not going to go into a rant about university fees, but guess what my child got a few days after their 18th birthday? No, not a bill from me for the cost of rearing - it was the offer of a loan...
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