New Stats provided by NEFE

During the economic crisis:

  • The average credit card balance in students rose 60 percent
  • Student loan balances increased by 90 percent
  • Three times as many students cut back on classes…
  • Student trust in financial institutions declined by 40 percent
  • There was a 25 percent increase in students using one credit card to pay off another…

For the complete report, executive summary, press release and previous research, visit www.nefe.org/aplus

One Response to “New Stats provided by NEFE”

  1. I found this on Yahoo and just wanted to thank you for the information in your post. I will take my time and view other pages and email my family about this.

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