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The More Student Loans, the Merrier? Young Adults with High Debt Have Better Self Esteem

It’s a fairly safe assumption that if you’re a current college student or a recent college graduate, you owe someone money. That’s because student loans and credit card debt have essentially become necessary evils.

The vast majority of today’s college students rely on financial aid—particularly student loans that must be repaid—to finance their college educations, and most of them use credit cards to cover the high cost of textbooks, school supplies, and even their daily necessities…