Young People Taking on More Debt

‘As young adults graduate into the real world weighed down by student loans and credit card debt, experts are increasingly concerned about the absence of financial education courses in high schools.

card companies have flooded college campuses, offering free T-shirts, no interest and spending power, and statistics celebrate their success.

Over the past decade, credit card debt among 18-24 year olds rose by 104 percent according to a report released by the nonprofit research organization Demos entitled “Generation Broke: The Growth of Debt Among Young ‘…

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