Educating cardholders about financial responsibility: An obligation of a good banking partner
The average college student graduates more than $20,000 in debt. By itself, this fact should be sufficient to convince even skeptics that financial literacy education is needed by today’s college students. But also consider the following staggering numbers:
- 83% of students have at least one credit card
- Of those with credit cards, nearly half (47%) have more than 4 different credit cards
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