Student Credit Card Debt
About one out of every four college students leave school with upwards of $5,000 in credit card debt, according to a survey released Wednesday.
I was just reading that a survey of over 3,600 college grads found that 23%got out of school with over $5,000 in credit card debt. And 10% ended up with over $10,000 in debt.
It’s pretty easy when your in college to whip out the credit card to pay for books and supplies. In fact, in many cases it’s probably necessary just to get finished. I consider that good debt. It accomplished a worthwhile purpose.
However, it still needs to be paid off as quickly as possible.
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