Credit card debt is affecting the U.S. economy, even more so with the current economic slowdown. (Photo by Lisa Chiu for the Observer.)
LOCAL
NATIONAL
WORLD
ISSUE XLXV |
WEDNESDAY |
April 23, 2008 |
Last updated at 2 p.m. Wednesday |
APRIL 23, 2008
With each swipe of the credit card, Americans fall deeper and deeper into debt. It’s a problem that has been made worse by the weakening economy and the recent housing market crisis.
In a special project by students in Professor Wendell Cochran’s Business and Economic Journalism class and the American Observer, reporters examine the multifaceted aspects of debt.
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American Observer is produced by the American University