Research
Stress Over Debt Taking Toll on Health
Over-indebtedness as a marker of socioeconomic status and its association with obesity: A cross-sectional study, 2009, August, BMC Public Health, 9, 286, H. Ruger, E. Ochsmann, S. Letzel, & A.M. Toschke.
By Jeannine Aversa, Associated Press
WASHINGTON — The stress from deepening debt is becoming a major pain in the neck — and the back and the head and the stomach — for millions of Americans.
When people are dealing with mountains of debt, they're much more likely to report health problems, too, according to an Associated Press-AOL Health poll. And not just little stuff; this means ulcers, severe depression, even heart attacks. Take Edward Driscoll, 38, of Braintree, Mass. He blames debt — $10,000 worth — for contributing to his ulcers and his wife Kimberly's panic attacks. "Just worrying, worrying, worrying, you know, where the next payment of this is going to come from," he says.
Although most people appear to be managing their debts all right, perhaps 10 million to 16 million are "suffering terribly due to their debts, and their health is likely to be negatively impacted," says Paul J. Lavrakas, a research psychologist and AP consultant who analyzed the results of the survey. Those are people who reported high levels of debt stress and suffered from at least three stress-related illnesses, he says. Read more (PDF)... |