Abstract

Federal legislation has been proposed that would require parents/guardians to act as co-obligors on college students’ credit card applications. This study supports the assumptions underlying the proposed legislation, suggesting that students whose parents are involved in their acquisition of credit cards have significantly lower credit card balances than do students with no parental involvement.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call