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How debt transforms a student to a complete man and then a broke

So many things have been said about debt in the world of web. Amidst the plethora of criticisms, one fact remains undeniable and that is debt transforms a student to a man. In the first stage, debt transforms a student to a confident man by giving him education, credit cards and home. In the second stage, debt destroys the confidence and produces a stressful man by making him a slave. And in the third stage, debt rules a man and make him a broke.

Editorial Team

Lyle Solomon
Written by
Lyle Solomon
Principal Attorney, Oak View Law Group
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Lyle Solomon is the Principal Attorney at Oak View Law Group with 30 years of legal experience. Licensed by the State Bar of California, he focuses on consumer finance, debt settlement, and payday loan resolution. He has helped over 6,000 clients become debt-free and is the author of Think Different! Save More!

Loretta Kilday
Reviewed by
Loretta Kilday
Attorney and Editorial Reviewer, OVLG
Read more from Loretta

Loretta Kilday is an Illinois-licensed attorney with 41+ years of experience in bankruptcy (Chapters 7, 11, and 13), debt settlement, debt collections, and consumer finance. At Oak View Law Group, she provides independent attorney review of published content on debt relief and bankruptcy for legal accuracy.