We have located links that may give you full text access.
At what costs? Student loan debt, debt stress, and racially/ethnically diverse college students' perceived health.
Cultural Diversity & Ethnic Minority Psychology 2018 October
OBJECTIVES: There has been little research on the direct and indirect connections between student loan debt and health. The present study tested a transactional stress model (Lazarus & Folkman, 1984a) of student loan debt in which the appraisal of debt as stressful was proposed to mediate the associations between student loan debt amount and perceived health (i.e., self-rated general health, depressive symptomatology).
METHOD: The present study draws on a racially/ethnically diverse college student sample ( N = 1,412) from the National Longitudinal Survey of Freshman (NLSF). Structural equation modeling (SEM) with robust maximum likelihood (MLR) estimation was used to test the fit of the transactional stress model and compare it with an alternative model (that is, Schachter and Singer's (1962) two factor). Multigroup analyses were conducted to test racial/ethnic differences.
RESULTS: SEM results indicated good fit of the transactional stress model and suggested its superiority to the alternative two-factor model. Multigroup SEM analyses revealed racial/ethnic differences. Whereas for Black/African Americans, Hispanic/Latino Americans, and White Americans, appraisal of debt as stressful was linked to poorer general health and more depressive symptomatology, these associations were nonsignificant for Asian Americans. Tests of indirect effects indicated that the mediating role of debt stress was most consistently significant for Black/African Americans and Hispanic/Latino Americans compared with Asian and, to a lesser extent, White Americans.
CONCLUSIONS: Results affirm the potential health impact of both student loan debt amount and the subjective appraisal of stress associated with student loan debt as significant stressors. (PsycINFO Database Record (c) 2018 APA, all rights reserved).
METHOD: The present study draws on a racially/ethnically diverse college student sample ( N = 1,412) from the National Longitudinal Survey of Freshman (NLSF). Structural equation modeling (SEM) with robust maximum likelihood (MLR) estimation was used to test the fit of the transactional stress model and compare it with an alternative model (that is, Schachter and Singer's (1962) two factor). Multigroup analyses were conducted to test racial/ethnic differences.
RESULTS: SEM results indicated good fit of the transactional stress model and suggested its superiority to the alternative two-factor model. Multigroup SEM analyses revealed racial/ethnic differences. Whereas for Black/African Americans, Hispanic/Latino Americans, and White Americans, appraisal of debt as stressful was linked to poorer general health and more depressive symptomatology, these associations were nonsignificant for Asian Americans. Tests of indirect effects indicated that the mediating role of debt stress was most consistently significant for Black/African Americans and Hispanic/Latino Americans compared with Asian and, to a lesser extent, White Americans.
CONCLUSIONS: Results affirm the potential health impact of both student loan debt amount and the subjective appraisal of stress associated with student loan debt as significant stressors. (PsycINFO Database Record (c) 2018 APA, all rights reserved).
Full text links
Related Resources
Trending Papers
Heart failure with preserved ejection fraction: diagnosis, risk assessment, and treatment.Clinical Research in Cardiology : Official Journal of the German Cardiac Society 2024 April 12
Proximal versus distal diuretics in congestive heart failure.Nephrology, Dialysis, Transplantation 2024 Februrary 30
Efficacy and safety of pharmacotherapy in chronic insomnia: A review of clinical guidelines and case reports.Mental Health Clinician 2023 October
World Health Organization and International Consensus Classification of eosinophilic disorders: 2024 update on diagnosis, risk stratification, and management.American Journal of Hematology 2024 March 30
Get seemless 1-tap access through your institution/university
For the best experience, use the Read mobile app
All material on this website is protected by copyright, Copyright © 1994-2024 by WebMD LLC.
This website also contains material copyrighted by 3rd parties.
By using this service, you agree to our terms of use and privacy policy.
Your Privacy Choices
You can now claim free CME credits for this literature searchClaim now
Get seemless 1-tap access through your institution/university
For the best experience, use the Read mobile app