1. Name
of college or university you are currently attending:
2. Age:
3. Gender:
Male
Female
4. Marital
Status
Single
Married
Divorced/Separated
Widowed
5. Based
on your earned credit hours, what is your current student classification?
Freshman (1-30)
Sophomore (31-60)
Junior (61-90)
Senior (90 & above)
Other:
6. What
degree are you working toward at the college or university you are currently
attending?
Associate
Bachelor's
Master's (MA or MS)
First-Professional (MBA, MD, JD)
Doctoral
Other:
7. What
is your ethnic background?
White
Black
Hispanic
Asian-American/Pacific Islander
Native American
Multi-Ethnic
Non-US Citizen or Non-Permanent Resident
On a 4-point scale:
Less than $25,000
$25,000-$50,000
$51,000-$75,000
$76,000-$100,000
Above $100,000
9b. If
you are an independent, what was your annual gross income (before taxes) last
year?
Less than $15,000
$15,000-$25,000
$26,000-$35,000
$36,000-$45,000
$46,000-$55,000
Above $55,000
Financial Debts
10. What percent of your total debt is represented
by the following categories? Please write the percent (%) under each.
Credit Card Information
Credit cards Student loans Automobile loans Home mortgage loans Bank loans Other
11b. How is the current balance on your accounts?
Major (Visa, MasterCard, American Express, Discover, and Diner's Club) Departmental/Retail Stores (Dillard's, Foley) Oil companies (Texaco, Shell, Amoco, Conoco) Revolving lines of credit with bank Other
12. Do you know what the average interest rate is on your major credit cards (Visa, MasterCard, American Express, Discover, and Diner’s Club)?
Major (Visa, MasterCard, American Express, Discover, and Diner's Club) Departmental/Retail Stores (Dillard's, Foley) Oil companies (Texaco, Shell, Amoco, Conoco) Revolving lines of credit with bank Other
13. When did you get your first credit card?
Interest Rate (APR):
Before college
First or second year of college
Third or subsequent years of college
Graduate school
14. To what extent did the following factors influence your decision in getting your first and subsequent credit cards?
little or
nonemoderate lots NA Credit card marketers on campus (sidewalks, student union, bookstore) Credit card marketers off campus (mall, grocery stores, etc.) Solicitations from fellow students on campus who are working for credit card companies Solicitations from your college or university offering alumni/affinity cards Incentives for signing up (e.g., water bottle, discounted airline ticket) Solicitations from your own bank and/or credit union Pre-approved credit card solicitations through mail General solicitations through mail General solicitations through email TV advertisements
15. What requirements were usually necessary for you to get your credit cards?
yes no don't
knowProof of your independent income Proof of your ability to pay back the debt Information about your estimated graduation date Information about your major or program of study Information about your expected salary A secured deposit Proof that you are a full-time student Signature of a parent or guardian Signature of a co-signer None (it was pre-approved)
16. In the last academic year, how did you usually handle your credit card balances each month?
Paid them in full
Paid more than the minimum
Paid the minimum only
Behind on payments
Understanding or Knowledge of Credit Card Use
17. Please rate your level of understanding or knowledge about the following issues related to credit card usage.
little or
nonemoderate extensive NA The implications and consequences of misusing credit cards (such as a bad credit record or bankruptcy) How much your debt will ultimately cost you The impact of varying interest rates on your debt payments The implications of making just the minimum payment on your credit cards The differences in interest rates charged on your credit cards and those of your federal student loans How to manage your credit card debt The pros and cons of credit card debt versus other forms of debt
Potential Impact of Credit Card Use
18. To what extent has your credit card debt affected your
19. To what extent did your participation in the following activities help you to understand financial responsibility, debt management, and issues related to credit card use?
little or
nonemoderate extensive NA concentration on academic work? participation in extracurricular activities? socialization patterns on campus? sense of priority about academic work? decision to remain in school? decision to change area of study or major in anticipation of a higher salary after graduation in order to pay debt? decision to reduce course load and get a job to pay debt? other.
20. Please rate your level of agreement with the following statements.
little or
nonemoderate extensive NA Entry counseling requirements (such as a personal interview, watching a video) before getting student loan money Orientation programs Freshman seminars or gateway-type classes Campus workshops or seminars dealing with financial management Off-campus workshops or seminars dealing with financial management
strongly
disagreedisagree agree strongly
agreeNA I am currently managing my credit card debt well Even though I have incurred a credit card debt, I feel I am spending money responsibly When I decide to incur more credit card debt, I usually consider my expected salary after graduation I am successful at living within my budget each month I am constantly seeking new ways to reduce my credit card debts I am personally responsible for my credit card debt My credit card debt is due to my college or university increasing the cost of attending My credit card debt is due to the inadequate federal financial aid to cover all educational and living expenses When my credit cards have reached their limits, I usually apply for more I have or would use my student loans to pay on my credit card debt My attitudes about credit card use have changed from when I first got my credit cards to the current moment I am in favor of a policy prohibiting the use of credit cards as payment for tuition and fees I am in favor of a policy curtailing the number of aggressive credit card marketers on campus I would like to see more stringent requirements imposed on credit card applicants by credit card companies I feel my college or university can do more to educate students about credit card use and misuse I would attend a workshop dealing with the implications and ramifications of credit card debt I would participate in a workshop which deals with personal financial management and responsibilities