Credit Card Debt Among College Students

Posted on September 5th, 2009 by Content Keyword RSS

( This is a guest article by Clark Chambers* ) College students are increasingly relying on student credit cards to make ends meet. According to student lending giant Sallie Mae (SLM), average credit card debts carried by graduating college seniors jumped $1,200 between 2004 and 2008. The same study also shows that only a shocking 15% of college students do not carry any credit cards. The number of credit card-toting college students should change however now that the “Credit Card Holders

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