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Full-Text Articles in Labor History
The Unknown Terror: Credit Card Debt Among The American Middle Class, Eamonn Maher
The Unknown Terror: Credit Card Debt Among The American Middle Class, Eamonn Maher
Theses
This Capstone focuses on a true crisis that affects many middle class Americans. Credit card debt has become a norm for American society and quietly has terrorized and dismantled the lives of many middle class Americans. From the rolling back of usury laws protecting predatorial interest rates, to many Americans losing jobs and income. This paper discusses the relationship between the reliance on credit cards and crippling debt for many Americans in the middle class.