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The Numbers
$9,300 |
The average credit card debt in 2004 per household.
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$2,000
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The average public university student graduates with between $2,000 and $5,000 in credit card debt, and up to $20,000 in student loans.
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12 |
The number of credit card offers that some students will receive per week upon entering college.
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55 |
Percent of all college students who have a major credit card.
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7 |
Percent of all high school students who have a major credit card.
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94 |
Percent of students age 16 to 22 who say they are likely to turn to their parents for financial information.
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8 |
Number of consecutive years that more people have declared bankruptcy than graduated from college.
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66
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Percent of people who do not pay off their credit cards every month and instead carry a balance.
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|
