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This is a short summary of the paper
Our Nation's Credit Card Problem

Start of Term Paper
Our nation is in dire financial straits. However, the nation's situation is only a reflection of our personal failures in our inability to "Just Say No" to ourselves. We must have everything and we must have everything now. We have become a co ....

Middle of Term Paper
... Something is definitely amiss. These statistics have been building for years but it is no longer just the baby-boomers problem. My generation just embarked down the same ruinous path. Many students come out of school not knowing how to balance a checkbook. College is where you start learning firsthand about finances and credit because the credit companies are sending out cards by the buckets to students. Citicorp just spent ten-million marketing credit cards to high- school kids. Sixty-one percent of all college students are carrying a card, and thirty-two percent of those got it before college. However a recent survey sh ...

Number of Words: 541 Approximate Pages: 2

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