This topic contains a solution. Click here to go to the answer

Author Question: List three key findings from the 2009 report released by Sallie Mae that describes credit card debt ... (Read 58 times)

Jramos095

  • Hero Member
  • *****
  • Posts: 528
List three key findings from the 2009 report released by Sallie Mae that describes credit card debt among college students.

Question 2

Why is there an increase in the number of single people in the U.S.?
 a. There is a general postponement of marriage compared to previous years.
  b. Many young people are no longer living together.
  c. Single people have more social stigma than in the past.
  d. all of these choices



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

alexanderhamilton

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

1) The average college student has a credit card balance of more than 3,173.
2) Half of all college students have four or more credit cards.
3) Freshmen carry a median debt of 939.
4) Seniors graduate with an average credit card debt of 4,100.
5) Thirty percent of students put tuition on their cards.
6) Sixty percent of students were surprised by how high their credit card balance had gotten.
7) Only seventeen percent of students regularly pay off their credit card each month.
8) Eighty-two percent carry a balance month to month and pay the necessary finance charges.
9) Sixty-four percent of undergrads say they would have liked to receive some financial management education in high school.
10) Forty-five percent of students say they feel a lot of anxiety about being able to pay their monthly credit card debt.

Answer to Question 2

A




Jramos095

  • Member
  • Posts: 528
Reply 2 on: Jul 11, 2018
Wow, this really help


hramirez205

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Gracias!

 

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

For a complete list of videos, visit our video library