Student Spending Becoming Increasingly Reckless
from USA Today
College students are becoming more confident and less competent when it comes to managing their personal finances, a new survey finds. The survey, which was conducted by financial aid company Higher One and education technology company EverFi, found that college students in 2014 were more likely to have and use more than one credit card than they were in 2012. The survey also found that those same students were far less likely to pay their credit card bills, make and stick to a budget, put money into savings, balance their checkbook or track their credit score.
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