| Autor: |
Black, Stephen, Ludlum, Marty, Weichu Xu, Ramachandran, Vijay |
| Předmět: |
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| Zdroj: |
Journal of Business & Educational Leadership; Summer2022, Vol. 12 Issue 1, p68-80, 13p |
| Abstrakt: |
American college students across three campuses (n=266) were surveyed in 2017. We examined their understanding of interest rates and typical credit card fees. We found college students were uninformed about the costs of using credit. In addition, we compared by gender, age, and employment. We found gender had no effect on credit card literacy, while older students and employed students were much more literate about the costs of credit. We also examined the enforcement of the 2009 CARD Act, limiting access to credit on campus, and found students are not getting access to credit cards without income verification or a co-signor, as the Act requires. We conclude with discussing limitations and opportunities for further research in this area. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
| Externí odkaz: |
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