Table 5.

Random Effects Analysis of Anxiety Regressed on Consumer Debt by Social Class and Recession, NLSY-97 (1997–2009).

	Lower-class		Middle-class		Upper-class
	Pre-recession	Recession	Pre-recession	Recession	Pre-recession	Recession
	b/se	b/se	b/se	b/se	b/se	b/se
Carry consumer debt balance	0.034 (0.023)	0.054** (0.024)	−0.008 (0.011)	−0.001 (0.014)	0.005 (0.017)	0.019 (0.019)
Amount of balance	0.003 (0.003)	−0.001 (0.002)	0.004** (0.001)	0.006*** (0.002)	0.001 (0.002)	0.005** (0.002)
Parent	−0.028 (0.020)	0.092*** (0.029)	−0.015 (0.013)	−0.009 (0.016)	−0.020 (0.023)	0.035 (0.023)
Married	−0.009 (0.017)	0.015 (0.021)	−0.032*** (0.010)	−0.032*** (0.011)	−0.049*** (0.014)	−0.023 (0.016)
Employed	−0.050*** (0.016)	−0.086*** (0.018)	−0.024* (0.013)	−0.058*** (0.018)	−0.046** (0.020)	−0.024 (0.033)
Female	0.197*** (0.023)	0.202*** (0.031)	0.191*** (0.013)	0.176*** (0.018)	0.195*** (0.020)	0.161*** (0.026)
White	0.123*** (0.025)	0.115*** (0.033)	0.084*** (0.013)	0.082*** (0.018)	0.084*** (0.021)	0.096*** (0.027)
College graduate (4 year)	−0.064** (0.031)	0.021 (0.042)	−0.053*** (0.015)	−0.012 (0.018)	−0.052*** (0.017)	0.001 (0.026)
Constant	2.034*** (0.024)	2.014*** (0.034)	1.972*** (0.017)	2.025*** (0.025)	1.982*** (0.027)	1.954*** (0.042)
R-sq.	0.035	0.035	0.035	0.035	0.035	0.035
N (person years)	9,805	5,214	25,116	11,768	10,287	5,270

Significance denoted by:

^***≥ .001;

^**≥ .01;

^*≥ .05.