The Philadelphia Inquirer reports that Lawrence Berger, associate professor of social work at the University of Wisconsin - Madison, conducted a research study on the health effects of excessive debt. He concluded that too much debt is bad for your health. Specifically, his research found that when the dollar amount of a person's debt increases by 10 percent, depressive symptoms increase by 14 percent. Depressive symptoms include not being able to shake the blues or having trouble eating or sleeping. This should not be a surprising result for those who are buried in bills. This study also found that there is a difference in how too many bills effect younger and older individuals. For adults from 51-64 years old, short term bills, such as credit card debt and payday loans have the greatest impact emotionally. On the other hand, young adults are more troubled by long-term debt, such as student loans.