If you are a student in debt due to educational costs and shopping a bit too much you should feel a sense of empowerment and control over your life. An interesting study has found that young adults aged 18 to 27, have a high level of self esteem by the more credit card and university load they carry on their shoulders.

The study included 3,079 students who were asked how their credit card and student loan debt impacted there self esteem. Researchers were expecting that the young adults would consider their education debt as a positive investment for their life, but consider their credit card debt as negatively impacting.

However, both kinds of debt for the young people have positive effects. It didn’t matter what type of debt it was-either increased their self esteem.

So it seems that debt is expected in order to reach career goals and dreams. The study shows that young adults seem student loan as a benefit in their education.

However, once people entered the ages of 28 to 34, they immediately considered their debt as a burden and felt worse about themselves. They began to realize that debt is harder to pay off than they had expected and dread having their debt dangle of their heads for a quite some time more.