#OccupyEducation: Higher Student Debt, Lower Quality of Life
by Kathleen Reynolds on Oct 10, 2014 | Views: 264 | Score: 4
| Financial Well-Being | Physical Well-Being | |
|---|---|---|
| > $50k Debt | 25 | 24 |
| No Debt | 40 | 34 |
Percentage of U.S. College Graduates Thriving
Sources:
gallup.com
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Quality of life in terms of financial and physical well-being is drastically different for college grads who walked away with no debt, compared to grads with > $50,000 in student loans. The Gallup Well-Being Index measures these elements plus purpose, social, and community. Although high student debt may not necessarily cause lower well-being, this apparent trend needs to be reversed.