College Students Lack Literacy
Frr writes to tell us that CNN has a rather disturbing confirmation of what many of us have already seen in practice. In a recent literacy study it was found that "more than half of students at four-year colleges -- and at least 75 percent at two-year colleges -- lack the literacy to handle complex, real-life tasks such as understanding credit card offers." The literacy study took a look at three different type of literacy: analyzing news stories and other prose, understanding documents, and having basic math skills needed for checkbooks or restaurant tips.
I, for one, am not surprised. I never read __less__ books in my life than when I was in college. I was much too busy trying to get the course busy-work done to do any reading, or much learning for that matter.
___Fewer___ books, dammit.
If you've gotten a credit card offer recently, there's a medium-sized standard box they include on the black-and-white legalese page which tells you the real (not introductory) interest rate, for instance.
Despite this, some people will briefly glance at the color glossy flyer, see "ZERO PERCENT (introductory) INTEREST!" and be shocked, yes, shocked, when the rates hop to twenty-seven percent or something ridiculous like that.
Laws do not persuade just because they threaten. --Seneca