Accumulating Debt Makes Young Adults Feel Really Good About Themselves

Author:
Bess Levin
Updated:
Jan 14, 2019
Original:
Jun 15, 2011

The more college loans and credit card debt that young adults age 18 to 27 have, the higher their self esteem — and the more control they feel they have over their lives. They tend to view debt positively, rather than as a burden. [NYT, related: drug highs vs debt highs]

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