June 18, 1999

Study Documents the Extent of Students' Credit-Card Debt

By BETH McMURTRIE

Credit-card companies prey on students while college administrators look the other way and even profit as a result, according to a study by a professor at Georgetown University.

Robert D. Manning, a visiting professor of sociology, said last week that he was stunned to learn how pervasive credit-card debt was among college students. Most troubling, he said, is that some students are using student loans or

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