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Annotated Bibliography

Author(s):American Council on Education
Title:Credit card ownership and behavior among traditional-age undergraduates, 2003-04
Source:http://www.acenet.edu/AM/Template.cfm?Section=I...
Date:2006
Organization:American Council on Education
Short Description:The U.S. Department of Education’s 2003–04 National Postsecondary Student Aid Study (NPSAS) contains valuable information about student use of credit cards.
Annotation:The U.S. Department of Education’s 2003–04 National Postsecondary Student Aid Study (NPSAS) contains valuable information about student use of credit cards. In 2003–04, 56 percent of all dependent undergraduates owned at least one credit card that was issued in their name and was billed to them. Almost one out of four undergraduates carried a balance on their credit card from month to month, with the median debt at $1,000.
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Associated Keywords:
Borrowing/Student Debt
Data
Documents
National Perspectives

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