Tag Archive | "college student credit card debt"

College Students Deserve Extra Credit, Only They Should Not Blunder With It!

College Students Deserve Extra Credit, Only They Should Not Blunder With It!

Posted on 16 September 2009. Tags: , ,

My teenaged son is in college and now it seems he’ll be getting credit cards in college. Like most parents I’m apprehensive of how he’s going to use it. As you know many of the college students seem to be in huge credit debts and some are misusing them too. According to a student credit card debt survey done by Nellie Mae in 2007, graduate students averaged an incredible $ 8,216 on credit. Gail Cunningham, VP business relations, consumer Credit Counseling Service, Greater Dallas, "Graduate students are apparently doing what the rest of the nation is doing: using credit cards to sustain their lifestyle. “ This was the reason most college dropout incidents in that year took place because of credit card debts. Usually you might expect poor academics or anti-social orientation to make students [...]

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