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It often affects middle-income families who earn too much to qualify for significant government subsidies but not enough to cover the full market rate of childcare without severe financial strain.
The constant pressure of debt can lead to chronic stress, anxiety, shame, and relationship strain. This emotional burden can sometimes paralyze individuals from taking action, further worsening the financial situation.
It is often seen as a "necessary" or "investment" debt to allow parents to work, but it still carries high interest rates. This can create a painful paradox where working leads to debt that erodes the financial benefits of that same work.
Yes. If the debt is within the statute of limitations for your state, a collector can file a lawsuit to obtain a court judgment against you. If they win, they may be able to garnish your wages or levy your bank account.
While support payments provide income, relying on them can be risky if payments are inconsistent. Conversely, paying support can strain the obligor’s budget, increasing their debt risk.
