AP Poll: Debt Fears on the Rise Again

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Lawmakers in Washington aren't the only ones concerned about debt.  Many Americans are also worried, according to a new Associated Press poll.

The AP survey shows that one in five adults worry about debt most or all of the time.
    
Debt-related stress is said to be up 17 percent from last November, with more than 40 million Americans concerned about the state of their finances.

"It's not that our debt is huge. It's just hard to make it, month to month," Theresa Telford, a teacher's aide raising four kids with her husband, told the Associated Press.

"It seems like everything is going up, but wages aren't going up," she said.

The stress levels are the highest among:

  • Households that have lost jobs.
  • People with family incomes below 20,000.
  • Single parents.
  • Adults without high school diplomas.    

Even people in higher-income brackets are feeling the pain. Households earning more than $75,000 had the biggest increase in debt-related stress since November.

The survey, conducted June 16-20, involved landline and cell phone interviews with 1,001 adults nationwide. Results for the full sample have a margin of sampling error of plus or minus 4.1 percentage points.

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