The huge number of underemployed people in the job market makes me wonder why so many people are being encouraged to go back to college to get more educated – we already have an oversaturation of over-educated people out there! It’s especially tough to pay back college loans when you can’t get any job at all because the employers say that you are “over qualified” let alone getting one that takes advantage of that college education! For many people, I think that going back to college is simply going to increase their debt load, not resolve it.

You may be wondering what is bringing on this rant. Well, my Aunt Lizzy is in this exact situation right now. She has a college education – a bachelor’s degree in business administration and the only job she can get is a part time job as a school bus driver. She has been told over and over again that she is over-qualified. And now she is asking me for help with her debt problems because she can’t survive on just that pay.

So I was browsing the Internet earlier, looking to learn about debt management in England, I found the Abacus Debt Management website. It is very informative about different debt management options in the United Kingdom. I’m going to be using it to help Aunt Lizzy as much as I can.