Table 4.
Ordinary Least Squares Regression Models of the Association between Unsecured Debt-to-income Trajectory Groups (1985–2008) and Depressive Symptoms at Midlife Stratified by (Panel A) Educational Attainment and (Panel B) Race.
| Panel A: Models Stratified by Educational Attainment | ||
|---|---|---|
| Four-year College Degree + | <Four-year College Degree | |
| Unsecured DTI trajectories (reference = constant zero/low DTI) | ||
| Low-mid-low DTI | −.089a (.083) |
.070+a (.041) |
| High to low DTI | .002 (.064) |
.097** (.037) |
| Mid to low DTI | −.080 (.069) |
.034 (.038) |
| Low to high DTI | .051 (.111) |
.187*** (.042) |
| Constant high debt | .063a (.087) |
.202***a (.044) |
| Constant | .407+ (.231) |
.148 (.128) |
| R2 | .156 | .158 |
| N | 1,648 | 6,046 |
| Panel B: Models Stratified by Race | ||
| White | Black | |
| Unsecured DTI trajectories (reference = constant zero/low DTI) | ||
| Low-mid-low DTI | .025 (.046) |
.109 (.069) |
| High to low DTI | .091* (.040) |
.083 (.055) |
| Mid to low DTI | .006 (.044) |
−.010 (.063) |
| Low to high DTI | .204*** (.053) |
.126* (.061) |
| Constant high debt | .202*** (.050) |
.167* (.069) |
| Constant | .402** (.139) |
−.139 (.207) |
| R2 | .175 | .151 |
| N | 4,847 | 2,399 |
Note. Models include all study covariates. DTI = debt-to-income.
a
Coefficients significantly different across stratified models (p < .10; z test for difference of coefficients).
+
p < .10.
*
p < .05.
**
p < .01.
***
p < .001.