Following credit card reform and other debt news.

College Student Credit Card Debt


May 8th, 2008 | By Rob | Category: credit card debt

A MonsterTRAK survey reported in the Arizona Republic found that 33% of 2007 college graduates had credit card debt in excess of $5000.  That’s in addition to the 42% that had in excess of $25,000 in student loan debt.

What’s the result of students living with all this debt upon graduation?  65% have moved back in with their parents!

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