Students are still hooked on plastic

by Jon Henshaw

Ron Matus in St. Petersburgy Times reports:

College students are as mired in credit card debt as ever, despite a flurry of action by campus administrators and lawmakers since the late 1990s.

The average undergraduate finished school with more than $3,000 in credit card debt in 2001, according to the most recent figures from Nellie Mae, a leading source of student loans. That’s on top of student loans, which now average $20,000 for a four-year graduate.

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This entry was posted on Wednesday, August 4th, 2004 at 2:53 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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