2/2/2015 – The Mental and Physical Toll of Student Loans (The Atlantic)

Feb 02, 2015 Comments Off by

As the use of student loans escalates, so too do conversations about the possible ramifications of increasingly high debt for young Americans. It’s widely known that inability to pay student debt can result in a host of problems, like damaged credit or garnished wages, but a new study from the University of South Carolina suggests that some ill effects, such as increased stress levels or feelings of depleted health, can surface just from accumulating student-loan debt.

It’s been well documented that financial strain can have measurable mental and physical effects. A 2013 study published in Anxiety, Coping and Stress, for instance, found that “those with greater financial strain perceived more stress, had more symptoms of depression, anxiety, and ill-health.” And significant or growing debt, can be a major cause of overall financial stress.

Read the full article at The Atlantic.

Financial Landing 2015

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