Study: Carry more student debt, feel better about yourself

Ann Carns writes in The New York Times wonders whether the culture of debt has gone too far in higher education, leading many students to trust too much in their college investment. According to a recent Ohio State University Study she cites:

The more college loans and credit card debt that young adults age 18 to 27 have, the higher their self esteem — and the more control they feel they have over their lives. They tend to view debt positively, rather than as a burden.

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