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Personal Finance
Credit cards on campus
September 15, 2000: 10:35 a.m. ET

College students are signing up for and using credit cards more than ever
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NEW YORK (CNNfn) - The power of credit can be very seductive, but it also can be dangerous. It appears that more and more young adults are using credit cards.

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According to the nation's largest non-profit provider of student loans,  60 percent of college students have at least one credit card and carry an average balance of more than $1,800. There are steps students can take to avoid getting into trouble in the first place.

CNNfn's Lauren Thierry takes a look at the possible pitfalls of credit cards and how students can manage their debt.

Click here for more on college credit card debt. Back to top





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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.