[雙語翻譯]信用卡外文翻譯--個人理財知識對大學生信用卡行為的影響（節(jié)選）

1、3500 英文單詞， 英文單詞，1.9 萬英文字符，中文 萬英文字符，中文 5800 字文獻出處： 文獻出處：Robb C A , Sharpe D L . Effect of Personal Financial Knowledge on College Students' Credit Card Behavior[J]. Social Science Electronic Publishing, 2013, 20(1):25

2、-43.Effect of Personal Financial Knowledge on College Students’ Credit Card BehaviorCliff A. Robb and Deanna L. SharpeAnalysis of survey data collected from 6,520 students at a large Midwestern University affirmed that f

3、inancial knowledge is a significant factor in the credit card decisions of college students but not entirely in expected ways. Results of a double hurdle analysis indicated that students with relatively higher levels of

4、financial knowledge were not significantly different from students with relatively lower levels in terms of the probability of having a credit card balance. Contrary to expectations, those with higher levels of financial

5、 knowledge had significantly higher credit card balances. Overall, the present findings highlight the complex nature of the relationship between personal financial knowledge and credit card behavior.Key Words: college st

6、udents, credit card use, personal financial knowledgeIntroductionIn the late 1980s, credit card companies began targeting college students in an effort to expand market share. Students were encouraged to become credit ca

7、rd customers through direct mail promotions, on- and off-campus advertising, and on-campus recruitment (O’Connell, 1994; Susswein, 1995). A number of researchers have documented the subsequent rapid expansion of credit c

8、ard ownership and use on college campuses from the late 1980s through the 1990s (Kara, Kaynak, Nellie Mae, 2002; Manning Manning Davies Draut for seniors the percentage was ninety-six. From sophomore to senior year,

9、 the average number of cards held was successively larger, changing from 3.67 to 4.50 to 6.13, respectively. Average debt levels were larger for higher levels of class rank as well. The average debt of seniors ($3,262) w

10、as more than double that of freshmen (Nellie Mae, 2002).Similar to seniors, 96% of graduate students reported owning at least one card; on average, they had 6 credit cards. At $7,831 per student in 2003, the average cred

11、it card debt of graduate students was much higher than that of undergraduates. The average level of credit card debt among graduate students in 2003 was almost $3,000 higher than reported in 1998 (Nellie Mae, 2007). One

12、in four graduate students with credit card debt in 2003 had balances between $6,000 and $15,000, about the same proportion observed in 1998. Fifteen percent had a balance over $15,000, over twice the proportion seen in 1

13、998 (Nellie Mae, 2007).Lyons (2004) analyzed responses from a random sample of University of Illinois undergraduate and graduate students who had completed a survey related to financial issues in 2001 to determine the pr

14、obability of being at risk of credit misuse or mismanagement as measured by four specific outcomes or behaviors: having $1,000 or more in outstanding credit card balances, being late on payments by two months or more, ha

15、ving reached the limit on credit cards, and rarely or never paying off credit card balances. Lyons (2004) concluded that financially at-risk students were more likely than other students to receive need-based financial a

16、id, have $1,000 or more in other outstanding debt, or to have acquired their card by mail, at a retail store or as the result of a campus solicitation.Graduating students leave college and university campuses with an ave

17、rage debt burden of $20,402 for education and credit card debt combined (Nellie Mae, 2002). Financial experts have expressed concern that credit card debt coupled with student loan debt could create serious financial bur

18、dens for college students near and post graduation (Bianco College Board, 2005). These concerns have only intensified in recent years as rising tuition costs have consistently outpaced increases in financial aid availab