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The Side Effects of Debt on Students in the UK

The Side Effects of Debt on Students in the UK

According to the Independent, students facing financial difficulties have a higher chance of developing depression, anxiety, and alcohol dependency. The Solent NHS Trust and the University of Southampton conducted the research.

In their report, the researchers mentioned how the struggle and the pressure to pay bills caused them increased stress and heightened the risk of alcohol dependence. However, anxiety levels and alcohol dependency in students struggling to repay their debts doubled.

This is a vicious and continuing cycle happening with the youth in the United Kingdom. Unfortunately, the United Kingdom is not the only nation to suffer from the side effects of debt on students, but the United States is in the same boat as them. To see a detailed list of the health effects that students with unpaid student debt suffer from, refer below:

1.      High Blood Pressure

Students can develop high blood pressure, which if left untreated, can lead to stroke and heart disease. Researchers from the Northern University found high blood pressure to be a prevalent condition amongst people between 24 and 32. For the researchers, seeing people develop high blood pressure this early on in their youth was a cause for concern.

2.      Depression and Anxiety

People can develop depression and anxiety caused by looming financial troubles. Therefore, it is important for parents and older adults to note depressive symptoms in students. Students with unpaid debt should try to practice breathing exercises and perform yoga to ease their mind.

3.      Decreased Immunity Levels

The increased stress of unpaid student loans may place a strain on their mind and their body. Since concerns about debt are classified as chronic stress, it can lower their immunity levels. This means they have a higher chance of contracting diseases than others not dealing with debt.

4.      Neglect their Health

In their effort to pay off their student debt, they may start to neglect their health. They may stop visiting their doctor or dentist for regular checkups. They want to save enough money to pay off their student debts as quickly as they can and for them, visiting the doctor may be an unnecessary expense.

5.      Suffer from Chronic Pain

They may report suffering chronic pain in their neck. Research conducted by a survey held by AOL Health poll in 2008 stated that people with high debt reported suffering from chronic pain in their neck. Others reported suffering from frequent headaches and migraines. A few people reported developing back pain, muscle tension, ulcers, and heart attacks.

Each year, research and surveys on the rising student debt in the United Kingdom are published, but the results seem the same. Every year, students both in the United Kingdom and in the United States are finding it harder to pay off their student debt. It is time the governments of both countries do something to ease some of the pressure from students and help them find a way to pay off their debts quicker.