Financially at Risk: A look at College Students’ Credit Card Usage

Abstract

Recently we have seen a dramatic increase in the number of reports/attention paid to the financial position of college students. This critical financially-at-risk (FAR) status has gained particular attention in the last decade when we had encountered Great Recession and employment rates rose to record levels and access to/accessing financial resources became more difficult. A few articles have sought to address this topic, approaching it from differing but related perspectives. This project thus proceeded in five key directions (1) Budget Habits, (2) Personality Traits, (3) Demographics, (4) Credit card related information and (5) College academic. on the college students’ FAR status