overindebtedness

noun

overindebtedness

noun

Etymology From overindebted + -ness.

1

The quality of being too deeply in debt.

So loan forgiveness programs are not some sinister form of social engineering. Nor do they encourage overindebtedness, per se.2009 May 30, Jonathan D. Glater, “Students Relying on Loans Wonder Whether Forgiveness Will Last”, in New York Times:

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.