The other student loans: Credit-card use on college campuses
News from Reynolds Center:

Take a look at other types of student spending and debt – namely credit-card marketing and use on campus.

You can bet student borrowing will be in the forefront of economic-woe headlines of 2013, and with good reason — the Federal Reserve Bank of New York in its Quarterly Report on Household Debt and Credit reported in late November that outstanding student loan debt was $ 956 billion, with nearly 11 percent in default.

And a recent Pew Research Center report said that about one-fifth of American households owe on student loans, up from 15 percent as recently as 2007.  Ten percent of those households owe more than $ 61,894.

It’s a story that’s not going away, and a springboard for a number of good…………… continues on Reynolds Center

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