Keeping Ahead of College Debt
The average college or university student has a debt of about $20,000 at the time of their graduation. It is estimated that about two-thirds of college and university students in the United States borrow money to pay for college. To add to this daunting graduation present, many students have also accumulated a great deal of credit card debt by the time they are ready for graduation thanks to the abundance of offers and programs that are aggressively pushed by credit card companies to college students. Students who are good at managing their budgets and keeping their credit card spending in check will have a lot less trouble than those who do not.Referenced Source(s):
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