Jul 27
Americans are being swamped by credit card debt. College students are no exception. So don’t be surprised when your child returns home with not only a degree, but also thousands of dollars in debt.According to Nellie Mae, the nation’s largest maker of student loans, this is nothing uncommon. The average college student carries $2,200 in credit card debt. Because the annual percentage rates of many student credit cards are high, the balance can easily grow to $5,800 by the time the student gradua
