‘Majoring in Money: How American College Students Manage Their Finances’ Shows Students are Conscientious, Careful, and Determined to be Financially Aware Consumers
More Than Half of College Students Have a Credit Card; Nearly Two-Thirds Pay Full Balance Each Month
NEWARK, Del.--(BUSINESS WIRE)--Conventional wisdom says young people have a lot to learn when it comes to managing money, but the reality is most American college students are handling their finances carefully and conscientiously, according to “Majoring in Money: How American College Students Manage Their Finances,” a new national study from Sallie Mae, the nation’s saving, planning, and paying for college company, and Ipsos, an independent global market research company.
Taking the Right Steps
Sallie Mae
Rick Castellano, 302-451-2541
rick.castellano@salliemae.com
or
Ipsos Public Affairs
Julia Clark, 312-526-4919 (office)
202-560-2014 (mobile)
julia.clark@ipsos.com