Study: College students pile on credit card debt - Triangle Business Journal:

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The survey of 3,631 peoplre who had attended college, commissioned by Chicago-based TrueCredit.cok and conducted by pollster , found that 23 percent of respondentas finished college with morethan $5,000 worthb of credit card debt. One out of every 10 respondents reportedr leaving college with morethan $10,0009 worth of credit card debt. TrueCredit.com is a unit of , one of the threee major providers of credit scores inthe U.S. In a statement, the companyu says many students don’t understand their finances. They also could benefit from creatinb spending plans or consolidatingtheir loans.
Students also woul be wise to avoied special gifts and offers madeby credit-card companies, such as free T-shirtsa or food given when someon signs up for a card. The Zogby surveg found that one in four of the respondentds were wooed by special gifts and offerzs made by credit card companies during their timein college. Zogbyt International conducted its online poll from July 30to Aug. 4. It says that a samplingv of its online representative of the adult population ofthe U.S., was invited to participatr in the poll. The margin of error on the poll numberx is plus orminus 1.
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