COLUMBUS, Ohio — A new analysis of Federal Reserve data reveals that young adults across the country — including those in Ohio — are facing alarming levels of credit card debt.
The study focused on individuals ages 18 to 34 who are more than three months behind on their credit card payments.
10TV spoke with students on The Ohio State University’s campus about their views on debt and the pressure to keep up with bills as everyday expenses continue to rise.
“I don’t have a credit card right now, but if I did, it would definitely be something I'd worry about,” one student said.
“I do have a credit card, but I’m not worried about my debt,” another student responded.
“The way I personally spend money — unless it’s an emergency — I should be able to pay it back,” a third student said.