Borrow, therefore I am!

A recent study conducted by Ohio State University Professor Rachel Dwyer produces a shocking, appalling and mostly only frightening conclusion: many young people feel empowered to do so by their student loan debt - and even your credit card debt.
According to a press release, "the researchers found that the more credit card and debt School of young adults from 18 to 27, the greater their self-esteem and more felt as they were in control of their lives." "The effect was strongest among the lower economic class".
"Debt can be a good thing for young people, you can help them to achieve goals that it has not been able otherwise, as a college education," added Dwyer.
(Read about the new rule of Government you cracks in schools for profit)
But that does not respond to the question of what credit card high debt also appeared to correlate with higher self-esteem. The research is interesting, but there are some problems with the conclusions:
The fact that people with too much debt seems to have high self-esteem just might suggest that engreídas people are more likely to borrow; overconfidence leads them on a path of excess leverage. We have been taught it self-esteem always is good, and which has been an important philosophical reason behind education in recent decades. Do but books like the narcissism epidemic: I live in the age of ownership and generation: young Americans of why today are more confident, energetic, Entitled-and most Miserable that have never raised important issues about all the negatives that may result from a culture that prizes possible autoestima.¿Es that a lot of money to buy cars, food, and school loans has become in such standard has been seen as part of the growth? The unemployment rate is too high to get a job really be a sign of an adult; but due to a lot of money from the companies? That is what adult.
Whatever the correct interpretation of the data, the results are scary. The good news? According to the study, positive feelings about debt turn negative as people get older - and to realize that their wages do not increase quickly as they thought that they would, while their interest rates rise more quickly from what could have imagined.
Financial Insights