I’m just going to put it out there: I think about my debt all the time. It’s a relentless source of anxiety. I’ve got both consumer debt (credit cards) as well as student loans.
I’m not alone. Student loan debt in the U.S. rose to a staggering $1.4 trillion in the first quarter of 2019. That’s a 116 percent increase in ten years. According to Matt Tatham, manager of content insights at Experian, student loan debt is “one of the country’s most significant and widespread financial burdens to date.”
Debt isn’t just a financial issue; it’s a health issue. According to the Mayo Clinic, people in dept have higher rates of anxiety and depression, which lead to things like headaches, weight gain, digestive problems and other physical problems (like IBS).