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Author: Sun, Amy Ruining
Resulting in 1 citation.
1. Sun, Amy Ruining
Houle, Jason N.
Trajectories of Unsecured Debt across the Life Course and Mental Health at Midlife
Society and Mental Health 10,1 (March 2020): 61-79.
Also: https://journals.sagepub.com/doi/full/10.1177/2156869318816742
Cohort(s): NLSY79
Publisher: American Sociological Association
Keyword(s): Debt/Borrowing; Health, Mental; Life Course

Permission to reprint the abstract has not been received from the publisher.

In this paper, we contribute to a growing literature on debt and mental health and ask whether patterns of unsecured debt accumulation and repayment over two decades are associated with depressive symptoms at age 50. Using data from the National Longitudinal Study of Youth 1979 Cohort and group trajectory models, we have three key findings. First, we find substantial heterogeneity in debt trajectories across the life course. Second, respondents who report consistently high debt levels across the life course or who cycle in and out of high debt report significantly more depressive symptoms than respondents who hold consistently low levels of debt. These findings hold for both absolute and relative (debt-to-income) debt. Third, we find that the association between debt and depressive symptoms is strongest among respondents with less than a college degree, but we find less evidence for heterogeneity by race in this cohort.
Bibliography Citation
Sun, Amy Ruining and Jason N. Houle. "Trajectories of Unsecured Debt across the Life Course and Mental Health at Midlife ." Society and Mental Health 10,1 (March 2020): 61-79.