Students swamped by debt

Rise in under-25s struggling to pay off tertiary education A growing number of young people are battling to cope with debt, mostly to pay for their tertiary education, say experts. Ian Wason, chief executive of local debt management firm, DebtBusters, said the country already had a poor savings culture, but this was perpetuated by young […]

“Drought Will Offset Fuel Price Drop”

While a drop in the petrol price of 22c per litre would be welcome relief for consumers, it was likely to be offset by the severe drought plaguing South Africa’s grain-producing regions. That is according to Debt Rescue chief executive Neil Roets, who said the drought would lead to significant price increases in basic foods. […]

Fuel Price Likely To Be Temporary – Expert

The expected 22 cents a litre decrease in the petrol price next Wednesday and a eight cents projected decrease for diesel will bring some relief to deeply indebted consumers. But this will likely be offset by the drought plaguing grain producing regions, which would lead to significant increases in basic food prices, said Debt Rescue […]

My Studies Have Left Me In Debt Of R223 000

Students joining the newly employed are knee deep in loans. GRADUATES who have recently joined the ranks of employment are drowning in debt. Some say they are “knee deep” in student loans and are “struggling to pay back the money”. Students who failed to qualify for bursaries to fund their tertiary education are often left with […]

Under-25s struggling to pay off education

A GROWING number of young people are battling to cope with debt, mostly to pay for their tertiary education, say experts. Ian Wason, chief executive of local debt management firm, DebtBusters, said the country already had a poor-savings culture but this was perpetuated by young people getting into debt – before they are employed – […]