A study entitled “Money Matters on Campus” provides a first-of-its-kind look at how college students’ early attitudes and behaviors affect positive and negative financial outcomes. The study surveyed over 40,000 first-year college students from across the U.S. on a variety of financial topics such as banking, savings, credit cards, and student loans. One of the most troubling initial findings of the research is that almost 80 percent of young adults (average age of just over 18) worry about debt and are experiencing debt-related stress in their daily lives.The study also found that many were already exhibiting risky financial behaviors. Almost 25 percent had more than one credit card, 24 percent had credit card balances in excess of 1,000, and five percent had balances over 5,000. In addition, over 60 percent at least moderately agreed with the statements “I like to own things to impress people,” and “It’s OK to incur an overdraft (透支) fee if you can pay it off.”There were some positive findings, as well. An overwhelming majority (86 percent) had a checking account, and those with an account were more likely to follow a budget, pay their credit cards off each month, and pay their student loans on time.Colleges and universities, in particular, should take notice. After all, the financial difficulty of a student not only affects the individual, but also the institution’s interests in ensuring strong persistence and graduation rates.Policymakers can also make a difference by supporting efforts to integrate financial education in core high school requirements and funding more research in the development of desirable financial attitudes and behaviors. Equally important is the role parents can and should play in setting good examples, providing opportunities for their children to learn the value of money, and helping them to understand the difference between needs and wants.48. What does the study find?A. A lot of students know it is not safe to have an overdraft.B. A small number of students have bad financial behaviors.C. A majority of young adults are worried about their debt.D. About 24 percent of students have more than 1,000 of savings.

A study entitled “Money Matters on Campus” provides a first-of-its-kind look at how college students’ early attitudes and behaviors affect positive and negative financial outcomes. The study surveyed over 40,000 first-year college students from across the U.S. on a variety of financial topics such as banking, savings, credit cards, and student loans. One of the most troubling initial findings of the research is that almost 80 percent of young adults (average age of just over 18) worry about debt and are experiencing debt-related stress in their daily lives.

The study also found that many were already exhibiting risky financial behaviors. Almost 25 percent had more than one credit card, 24 percent had credit card balances in excess of $1,000, and five percent had balances over $5,000. In addition, over 60 percent at least moderately agreed with the statements “I like to own things to impress people,” and “It’s OK to incur an overdraft (透支) fee if you can pay it off.”

There were some positive findings, as well. An overwhelming majority (86 percent) had a checking account, and those with an account were more likely to follow a budget, pay their credit cards off each month, and pay their student loans on time.

Colleges and universities, in particular, should take notice. After all, the financial difficulty of a student not only affects the individual, but also the institution’s interests in ensuring strong persistence and graduation rates.

Policymakers can also make a difference by supporting efforts to integrate financial education in core high school requirements and funding more research in the development of desirable financial attitudes and behaviors. Equally important is the role parents can and should play in setting good examples, providing opportunities for their children to learn the value of money, and helping them to understand the difference between needs and wants.

48. What does the study find?
A. A lot of students know it is not safe to have an overdraft.
B. A small number of students have bad financial behaviors.
C. A majority of young adults are worried about their debt.
D. About 24 percent of students have more than $1,000 of savings.