Facts and Statistics

Students and Credit Cards:

• In 2001, fully 83% of all undergraduates had at least one credit card, with the average student carrying four.
• 71% of young adult cardholders do not pay off their balance in full each month compared to 55% of all cardholders.
• Balances among college student consumers have shot up 134% in the last decade.
• College seniors are graduating with an average of nearly $4,000 in credit card debt.