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  • 78% of college students have a credit card
  • 48% of graduating students have an average credit card debt of $3,176
  • 8.7% of all bankruptcies are people under the age of 25
  • A credit card purchase of $500 would take 6 years and 7 months to pay off if only the minimum monthly payments were made and the interest paid would total over $300.

Credit cards are useful tools when used wisely and credit history can affect employment opportunities.

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students receiving financial aid


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