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technology

Debt trap among youth: A silent crisis of modern society

Dr Vishal Gupta vishalm.com85@gmail.com The modern world has transformed the lifestyle, aspirations, and spending habits of young people. Technology, social media, digital banking, and easy access to credit have created numerous opportunities for financial growth and convenience. However, alongside these opportunities, a dangerous financial problem has emerged among the younger generation – the debt trap. Today, many youths are becoming victims of excessive borrowing, uncontrolled spending, and financial mismanagement. What begins as a small loan or a simple credit purchase […]

Daily Excelsior5/15/2026, 10:11:12 PM