How Extreme Credit Card Debt Happens To The Smartest College Students

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

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How Extreme Credit Card Debt Happens To The Smartest College Students