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There is a respectable literature on how such degrees of indebtedness could act as a drag on economic growth in the foreseeable future.
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Illinois lacks the mechanism other states possess, through which a certain degree of indebtedness automatically brings state scrutiny.
They were questioned about household characteristics, degree of indebtedness and associated amounts, the concerned health problem for which loans were sought, care seeking behaviour, borrowing practices, source(s) of credit and related conditions, and coping mechanisms.
Questions concerned household characteristics, degree of indebtedness and associated amounts, the respective health problem for which loans were sought, care seeking behaviour, borrowing practices, source(s) of credit and related conditions, and coping mechanisms.
The high level of indebtedness of households and some companies aggravates these vulnerabilities.
Wages, income in general and the level of indebtedness are still headwinds".
Is there a level of indebtedness at which growth ceases or turns negative?
"I suppose because governments take the view that we can't afford that level of indebtedness".
This study did not ask residents to state their current level of indebtedness.
Greece's borrowing costs soared and the foundations of the euro were shaken after the revelation last October that the country had for years greatly understated the degree of its indebtedness.
A college degree should not require decades of indebtedness.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com