Credit cards 101: Helping college students build credit, avoid debt | Echo Press
Sections

Weather Forecast

Close
Advertisement

Credit cards 101: Helping college students build credit, avoid debt

Email News Alerts

American college students are swimming in a sea of credit card debt. Despite the CARD Act of 2009, which tightened laws on credit card companies that were doling out cards like candy to every college student on campus, a recent study shows that 70 percent of college students have credit cards. More than 90 percent of those students are carrying a monthly balance. Between 2004 and 2009, the average student credit card debt jumped from $946 to more than $4,100.

Advertisement

Are you a newspaper subscriber but you don't have a Digital Access account yet? https://secure.forumcomm.com/?publisher_ID=40&event=subscriber/lookup.

You will need your subscription account number and phone number. Not sure if you have an account? Email us at subscriberservices@forumcomm.com and we can help you.

Advertisement
Advertisement