State debt has declined since reaching a peak of $28.2 billion in 2010 due to several factors. Since taking office in 2011, Scott has remained largely opposed to borrowing money or issuing bonds.
debt
Household Debt Is a National Crisis. Predatory Lenders, Not Borrowers, Are To Blame.
Placing fair caps on interest rates, ending predatory practices that push people further into debt, and creating a path out of debt for people who are struggling are some of the ways to alleviate a mounting crisis, argues LeeAnn Hall.