Authors

Mark Oleson

Student Credit Card Debt in the 21st Century: Options for Financial Aid Administrators

Abstract

Credit card debt and other financial problems permeate student life. The financial literature suggests that the severity of student credit problems are not only more intense than previously thought-indeed, they appear to be worsening with time. Although lack of financial education has been targeted as the culprit by most observers, to date the bulk of financial curriculum has been developed for younger groups and has neglected the college-age audience. This article provides multiple workable solutions financial aid offices can offer students throughout their college experience: preventive solutions for avoiding problems with credit card debt, holistic solutions for ((other" related problems, and remedial solutions for existing problems. Many of the suggestions point to a possible reevaluation and redefinition of the traditional role of the financial aid administrator.

Recommended Citation

Oleson, Mark (2001) "Student Credit Card Debt in the 21st Century: Options for Financial Aid Administrators," Journal of Student Financial Aid: Vol. 31 : Iss. 3 , Article 3.
DOI: https://doi.org/10.55504/0884-9153.1170
Available at: https://ir.library.louisville.edu/jsfa/vol31/iss3/3