Isenberg Professor Comments on Credit Card Debt

July 11, 2012

Ben Branch, a professor of finance at Isenberg who teaches courses in investments and banking, told Channel 22 News in Springfield that the recent surge in credit card debt may have a silver lining for the economy. "Spending more using credit actually does help create jobs, it does help the economy as long as it doesn't get to a point where it's not sustainable," observed Branch on a recent news cast.


Credit card spending up .1 billion: