Six in 10 American Parents are Going into Debt for Their Children
Summary by WFMZ
4 Articles
4 Articles
School expenses, holidays and health care are the main triggers for new debts
(Photo by Mikhail Nilov via Pexels) The rising cost of living has left six in ten American parents in debt just to support their children. According to a new survey of 2,000 parents with children ages 0-18 by National Debt Relief and Talker Research, 63% say their financial situation is preventing them from giving their children the life they want, compared to 48% of parents without debt. For 48% of parents with debt, that debt has become “unman…
Coverage Details
Total News Sources4
Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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