Comm 281 9 - 1. The combination that has increased the...

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1. The combination that has increased the strain of paying for higher education is: the cost of a college degree skyrocketing in addition to falling wages 2. With the intensifying financial strain on middle class families, the economic burden has shifted to: their children, even though they are rarely able to compensate for the middle-class squeeze on their parents. 3. In the 1970s credit card companies viewed what is today a common practice as: ridiculous 4. At the end of the 1980s, banks dealt with the impending profitability crisis associated with the saturation of the credit card market by: the penetration of the student credit card market by targeting college campuses. 5. The “dynamic nature” of student credit card debt refers to: credit debt may be due to seasonal variation (school-related expenses at the beginning of the year or holiday gift-giving), exhaustion of summer savings or the family’s college nest egg, irregular parental support payments 6. Jeff and his peers rationalized the credit card debt they accumulated by:
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Comm 281 9 - 1. The combination that has increased the...

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