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| Students pay-off their cards
17 |
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| For most of the college students polled by the Institute for Higher Education Policy in 1998, credit cards were principally a convenience, not a passport to an unaffordable lifestyle; 82% of them carried monthly debts of lass than $1,000. These small debts mean that most students -- 59% -- were able to pay their charge-card balances in full every month. The proportion of the population at large that pays in full each month is only aout 40%. |
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| Category: |
Credit Card |
Sub Category: |
Students |
Reporting Pub: |
usatoday.com |
Pub Date: |
7/30/01 |
Article Title: |
Teen credit cards actually teach responsibility |
Article Author: |
Robin Marantz Henig |
Source: |
Institute for Higher Education Policy |
Source
URL: |
http://www.usatoday.com/news/comment/2001-07-31-ncguest1.htm |
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