Average college senior in debt $2600 to credit card companies

The Motley Fool today has an interesting story on college students and credit cards.  More than two-thirds of students have credit cards and among those that do, the average senior has $2600 in debt, the average freshman, $1300.  The columnist’s advice:  “If you can’t pay off your balance every month, you’re probably better not having a card — or you should use it only in emergencies.”

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