Head over to The New York Times to read an in-depth article on debt burden in America.
There are two articles and several interactive graphics. Here’s one. How do you compare?
In the article, “Given a Shovel, Americans Dig Deeper into Debt”, they profile one woman who through a series of overspending and a health crisis found herself in $280,000 worth of debt. (Similarly burdened by high levels of debt, see our profile of DebtKid, a young man struggling with nearly $300,000K.)
“Oh, I definitely have regrets,” Ms. McLeod said. “I regret not dealing with my emotions instead of just shopping. And I regret involving my son in all this because that has affected him and his finances and his self-esteem.”
Full articles and interactive graphics here.
