Link to Patelco.org Link to MsMoney.com
 

Overview
Terms
Teaching Teens About Credit Cards
Managing Debt
Identity Theft
Learning Milestone
   


Learning Milestone

1. In the year 2000, the average undergraduate in college carried a credit balance of $2,000.

True
False

2. A survey of individuals who filed for bankruptcy in 1997 found that 8.7% of all filings were among young adults ages 18-25

True
False

 
 




Page 6 of 6: Managing Credit and Debt