Students charged an average of $2,200 in direct eduction expenses — such as tuition — on their high-interest-rate credit cards last year, according to the study from Sallie Mae, the student loan giant.
Hell, most students would probably pay their rent with a CC if they could. It’s no wonder…who really is to blame though?
- The students and their poorly developed saving skills and financial knowledge….
- or the college that charges 45,000 a year for tuition and room and board (and then add’s books on top)?