START A PETITION 27,000,000 members: the world's largest community for good
START A PETITION
x

Student Loans Hurt More Than Our Wallets

Student Loans Hurt More Than Our Wallets

A recent Northwestern Medicine report shows that the debt of young adults takes a major toll on their physical and emotional well-being.

The study, published in Social Science & Medicine, reveals that participants between ages 24 and 32 who have heavy debt report higher levels of depression and stress than young adults who owe less. They also have worse general health and higher diastolic blood pressure — a precursor to heart attacks and strokes.

“The health of younger adults tends to be more resilient,” says Thomas McDade, PhD, Northwestern University professor of anthropology. “So the fact that we’re finding associations with debt speaks to the substantial toll it may be exacting.”

Between 2003 and 2012, the number of 25-year-olds with student loans increased from 25 to 43 percent, and their loan averages nearly doubled, leaping from $10,649 to $20,326. Credit cards are also a growing concern: An Ohio State University study shows that young adults carry an average of $5,689 more credit-card debt than their parents and $8,156 more than their grandparents.

While debt can feel crippling, there are solutions, McDade says: “Being proactive in managing and reducing debt should help by providing some sense of control over the situation.”

Credit-counseling services, refinancing options, and programs for student-loan forgiveness — often available for teachers and those who work in the public sector — are all ways to start taking charge of debt. (For more on dealing with the stress of credit-card debt, see “The Pain of Plastic Money“.)

By Experience Life

Related:
5 Ways to Get Out of Debt

Read more: Career, Depression, General Health, Health, Life, Mental Wellness, Money, Stress, , , , , , , ,

Photo Credit: Thinkstock

have you shared this story yet?

go ahead, give it a little love

Experience Life

Experience Life magazine is an award-winning health and fitness publication that aims to empower people to live their best, most authentic lives, and challenges the conventions of hype, gimmicks and superficiality in favor of a discerning, whole-person perspective. Visit experiencelife.com to learn more and to sign up for the Experience Life newsletter, or to subscribe to the print or digital version.

92 comments

+ add your own
9:46PM PDT on Aug 14, 2015

GOOD DAY

I am MR TONY WELSH,a Reputable, Legitimate & an accredited money
Lender. I want to use this medium to inform the general public that i render reliable

beneficiary assistance as I'll be glad to offer you a loan at 2% interest rate to reliable

individuals.

Services Rendered include:

*Home Improvement
*Inventor Loans
*Car Loans
*Debt Consolidation Loan
*Line of Credit
*Business Loans
*Personal Loans
*International Loans.

Please write back if interested.
Upon Response, you'll be mailed a Loan application form to fill. (No social security and no

credit check, 100% Guaranteed!) I Look forward permitting me to be of service to you. You can
contact me via e-mail:...tonywelshloanfirms@gmail.com

Yours Sincerely,

TONY WELSH

(MD).

9:46PM PDT on Aug 14, 2015

GOOD DAY

I am MR TONY WELSH,a Reputable, Legitimate & an accredited money
Lender. I want to use this medium to inform the general public that i render reliable

beneficiary assistance as I'll be glad to offer you a loan at 2% interest rate to reliable

individuals.

Services Rendered include:

*Home Improvement
*Inventor Loans
*Car Loans
*Debt Consolidation Loan
*Line of Credit
*Business Loans
*Personal Loans
*International Loans.

Please write back if interested.
Upon Response, you'll be mailed a Loan application form to fill. (No social security and no

credit check, 100% Guaranteed!) I Look forward permitting me to be of service to you. You can
contact me via e-mail:...tonywelshloanfirms@gmail.com

Yours Sincerely,

TONY WELSH

(MD).

9:43PM PDT on Aug 14, 2015

GOOD DAY

I am MR TONY WELSH,a Reputable, Legitimate & an accredited money
Lender. I want to use this medium to inform the general public that i render reliable

beneficiary assistance as I'll be glad to offer you a loan at 2% interest rate to reliable

individuals.

Services Rendered include:

*Home Improvement
*Inventor Loans
*Car Loans
*Debt Consolidation Loan
*Line of Credit
*Business Loans
*Personal Loans
*International Loans.

Please write back if interested.
Upon Response, you'll be mailed a Loan application form to fill. (No social security and no

credit check, 100% Guaranteed!) I Look forward permitting me to be of service to you. You can
contact me via e-mail:...tonywelshloanfirms@gmail.com

Yours Sincerely,

TONY WELSH

(MD).

12:08PM PDT on Aug 10, 2015

Hello my dear people , I am Anita Frank, currently living in New jersey city, USA. I am a widow at the moment with three kids and i was stuck in a financial situation in April 2015 and i needed to refinance and pay my bills. I tried seeking loans from various loan firms both private and corporate but never with success, and most banks declined my credit ,do not full prey to those hoodlums at there that call them self money lender they are all scam , all they want is your money and you well not hear from them again they have done it to me twice before I met Mr. Wilson Edwards the most interesting part of it is that my loan was transfer to me within 74hours so I will advice you to contact Mr. Edwards if you are interested in getting loan and you are sure you can pay him back on time you can contact him via email……… (wilsonedwardsloancompany@gmail.com) No credit check, no co signer with just 2% interest rate and better repayment plans and schedule if you must contact any firm with reference to securing a loan without collateral then contact Mr. Wilson Edwards today for your loan
They offer all kind of categories of loan they
Short term loan (5_10years)
Long term loan (20_40)
Media term loan(10_20)
They offer loan like
Home loan............., Business loan........ Debt loan .......
Student loan..........,Business start up loan
Business loan....... , Company loan.............. etc
Email..........(wilsonedwardsloancompany@gmail.com )
When it comes

5:47AM PDT on Aug 8, 2015

To properly introduce myself, I'm Mr. Micheal Benson a private lender,i
Give out loans at 3% interest rate, this a financial opportunity.
at your door step, get your loan quickly. There's so much people out
There looking for financial opportunities or help around the corner, and
Places, and still they are not able to get one, but here it is.
Financing opportunities on your door step and as such you can not afford
To miss this opportunity This service is made to Individuals, companies,
businessmen and women, and loans.The availability of any amount of your
choice for more information.
Contact us via email: michealbensonloanagency@gmail.com.

Loan application form and return it.

Full Name ....................................

Private phone number ............................

Country ...........................................

Address ......................................

State ..............................

Age .............................................

You have applied before or not. .......................

Status .................................

Loan amount needed. .....................................

Loan period .................................

Occupation....................................

Monthly Income .............................

In recognition of these details we will send you our agreement with the repayment schedule, and if you agree to the Terms and Conditions, you stand to get your loan within 24 hours,

2:41PM PDT on Aug 4, 2015

Hello my dear people , I am Anita Frank, currently living in New jersey city, USA. I am a widow at the moment with three kids and i was stuck in a financial situation in April 2015 and i needed to refinance and pay my bills. I tried seeking loans from various loan firms both private and corporate but never with success, and most banks declined my credit ,do not full prey to those hoodlums at there that call them self money lender they are all scam , all they want is your money and you well not hear from them again they have done it to me twice before I met Mr. Wilson Edwards the most interesting part of it is that my loan was transfer to me within 74hours so I will advice you to contact Mr. Edwards if you are interested in getting loan and you are sure you can pay him back on time you can contact him via email……… (wilsonedwardsloancompany@gmail.com) No credit check, no co signer with just 2% interest rate and better repayment plans and schedule if you must contact any firm with reference to securing a loan without collateral then contact Mr. Wilson Edwards today for your loan
They offer all kind of categories of loan they
Short term loan (5_10years)
Long term loan (20_40)
Media term loan(10_20)
They offer loan like
Home loan............., Business loan........ Debt loan .......
Student loan..........,Business start up loan
Business loan....... , Company loan.............. etc
Email..........(wilsonedwardsloancompany@gmail.com )
When it comes

3:09AM PDT on Aug 4, 2015

WELCOME TO SAINT ISIDRO LOAN PARISH

Hello client,

My name is Mrs Bernarlyn A Villamor, i render financial help to client in need of loan.Write back to me via this email if you are interested in a loan or have applied for a loan but have not yet received your loan i can help.

Thanks and welcome
Email: isidro_lenderparish.plc@financier.com

4:34PM PDT on Aug 3, 2015

Here comes an Affordable loan that will change your life for ever, I am Dr. Robert Jack a certified loan lender, I offer loan to individual and public sector that are in need of financial Assistance in a low interest rate of 2%. Bad credit acceptable,The Terms and Conditions are very simple and considerate.You will never regret anything in this loan transaction because i will make you smile. Our company has recorded a lot of breakthroughs in the provision of first class financial services to our clients, especially in the area of Loan syndication and capital provision for individuals and companies. We have brought ailing industries back to life and we back good business ideas by providing funds for their up start. We have a network of Investors that are willing to provide funds of whatever amount to individuals and organizations to start business and operations.i want you to understand the fact that i Dr. Robert Jack is out to help the less financial privilege get back on track by providing all type of loans to them (E.G) mortgages, home loans business loans and bad credit loans commercial loans, start-up- working capital loans, construction loans ,car loans, hotel loans,and student loans what are you waiting for asap why don't you try Dr. Robert Jack Loan home and be free from debts any interested client should contact me asap (dr.robertjackloans@gmail.com)

8:27AM PDT on Jul 27, 2015

FOR YOUR REQUIRED QUICK AFFORDABLE LOAN, EMAIL calvinloancompany@yahoo.com

Hello, I am Cathrin Adams, currently living in New jersey city, USA. I am a widow at the moment with two kids and i was stuck in a financial situation in June 2015 and i needed to refinance and pay my bills. I tried seeking loans from various loan firms both private and corporate but never with success, and most banks declined my credit. But as God would have it, I was introduced to a Man of God a private loan lender who gave me a loan of $105,000USD and today am a business owner and my kids are doing well at the moment, if you must contact any firm with reference to securing a loan without collateral , no credit check, no co signer with just 2% interest rate and better repayment plans and schedule, please contact Mr Calvin Scott. He doesn’t know that am doing this but am so happy now and i decided to let people know more about him and also i want God to bless him more.You can contact him through his email: (calvinloancompany@yahoo.com) Or http://calvinfinancialloanhome.bravesites.com/loan-applications

12:30PM PDT on Jul 25, 2015

DIRECT ALTERNATIVE FUNDING OPTIONS FOR BUSINESS AND PROJECTS


Unsecured Business and Project Funding

•Funding in as fast as 14 business days
•Minimum or No income documentation required
•Credit Lines start as low as 0% from 6-24 months
•Typical blended rates after introduction period are 6.8%
•Funding up to $100,000.000.00usd *per borrower
•No prior operator experience required
•100% Uncollateralized (signature based)
•Closing is complimented by an Escrow

Contact us for more info at...... tonywelshloanfirms@gmail.com


Tony Welsh

C.E.O

add your comment



Disclaimer: The views expressed above are solely those of the author and may not reflect those of
Care2, Inc., its employees or advertisers.

people are talking

Now I see that this is yet another 3-year-old story. Please archive it, thanks!

Is anything safe

Haven't Heard of this Connection Before and I'm happy I can have the Brazil nut as I'm not eating an…

I'm in Australia and grilling here means to cook something under the heat. I'll never get used to th…

CONTACT THE EDITORS



Select names from your address book   |   Help
   

We hate spam. We do not sell or share the email addresses you provide.

site feedback

ONSITE FEEDBACK FORM

Problem on this page? Briefly let us know what isn't working for you and we'll try to make it right!