Valuable insights from Lynn O’Shaughnessy
a nationally recognized college expert.
June 17, 2011
How College Students Feel About Debt
I read something crazy this week about how young Americans feel about all their credit card balances and the student debt they’ve racked up. Apparently, the majority of them feel “empowered” by all that money they owe lenders. The average student loan borrower, who graduates from college, owes $23,000 or $24,000. And the typical graduating senior with one credit card...
January 6, 2009
College Students and Credit Cards
To make money, some universities are offering up their own students to the credit card industry as sacrificial lambs. Credit card issuers have happily been paying schools for access to their students. Consequently, it’s been common to see credit card marketers at tables stacked with cheap bling on campus quads. They will gladly give students a free t-shirt, a towel...