Inspired by this thread on someone's "serious debt", I was worried by some of the attitude to personal debt, especially student debt and the loans they get. I wonder how many realise that it all counts towards the amount of mortgage they can get when buying their first home? Are we now facing a problem that these same people will have the same attitude in future by only paying off the minimum (thus having large interest) rather than paying it off or is it just part of being a student these days? With the changes in bankruptcy laws recently (that I mentioned in the same thread) are we going to have a larger problem in a few years time when it begins to hit home just how much debt people are taking on and the consequences for the rest of us? No doubt the credit companies will pass any charges on to customers who do pay. Is it too easy to get into debt with credit companies offering vulnerable people loans or is it personal responsibility for taking them in the first place?