Dealing With Debt Stress

hands and calculator doing finances

pexels-startup-stock-photos-7357_0.jpgFirst things first: Student loan debt is a double-edged sword. As of 2018, roughly 70 percent of incoming college freshmen take out loans. Yet it's no secret that the rising cost of tuition, coupled with growing interest rates, are making it increasingly harder for degree-seeking individuals to pay off their dues—not to mention the uncertain job market caused by COVID-19. And with well-documented (and self-evident) effects on the emotional and physical health of borrowers, it’s an undeniable reality that most students must face: Debt causes stress, yet for many, loans are the only available path toward obtaining a degree or learning a trade.