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
|
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.
|
|
VIDEO
|
|
|
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.
|
|
|
|
|
|