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The impact of student loans on mental health


Published on 2025-04-29 06:43:11 - Bankrate
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  • Learn how to manage the stress and mental health impacts of student loan debt with these tips and resources.

The article from Yahoo Life discusses the significant impact of student loan debt on mental health, highlighting that over 44 million Americans collectively owe more than $1.5 trillion in student loans. It points out that the burden of this debt can lead to increased levels of stress, anxiety, and depression among borrowers. The piece features insights from financial therapist Aja Evans, who explains how the constant worry about loan repayment can affect one's mental well-being and overall quality of life. The article also touches on the potential long-term effects, such as delayed life milestones like buying a home or starting a family, which can further exacerbate mental health issues. It concludes by offering coping strategies, such as seeking professional help, creating a budget, and exploring loan forgiveness programs, to help manage the psychological toll of student debt.

Read the Full Bankrate Article at:
[ https://www.yahoo.com/lifestyle/impact-student-loans-mental-health-190734378.html ]