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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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