Are college students the heaviest users of consumer debt?

Answer Several studies have been conducted regarding the usage of credit cards and who the credit card companies target with offers. These studies do not specifically state that college students are the h... Read More »

Top Q&A For: Are college students the heaviest users of cons...

Tips for College Students to Avoid Credit Card Debt?

Many college students, eager to spread their wings and make their own financial decisions, inadvertently fall into the trap of credit card debt. As a college student, you can greatly improve your f... Read More »

Why Do College Students Fall Into Credit Card Debt?

According to Sallie Mae, about 84 percent of college students owned at least one credit card in 2008--up from 76 percent in 2004. By the time the average student graduates from college, he will acc... Read More »

Consumer Income Vs. Debt?

Consumer income is both earned and unearned money that arrives consistently and dependably at pre-determined intervals from sources anywhere in the world. Income determines your quality of life whe... Read More »

Average Consumer Debt?

The average consumer debt is about $21,900 per household in the U.S., according to the Federal Reserve. This is equivalent to 132% of the annual disposable income of the average household.Source: h... Read More »