Even Though They Are in Debt, Most of Today's College

question 40

True/False

Even though they are in debt, most of today's college graduates are capital-rich.

---

Definitions:

Bridal Salon

A specialized retail store that sells bridal wear, including wedding dresses and accessories.

Liquidate

To convert assets into cash or cash equivalents by selling them on the open market.

Channel Richness

The capacity to communicate and understand information between people and organizations.

Communicate

The process of sharing or exchanging information, thoughts, or feelings between people through speaking, writing, or using some other medium.