First Credit Card
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How to Use Your First Credit Card

College and money troubles go hand-in-hand with each other. College puts a great quantity of stress on a student’s wallet. College debt, eating out, and activities on the weekend can all add up. When faced with so many expenses, some students choose to resort to a credit card. Others get a credit card because they are trying to build up a good credit score before they get out of school. But whether they’re feeling the burn in their wallets or planning for the future, college may be a time when students apply for and receive their first credit card. According to a 2004 study published by MSN.com and conducted by Sallie Mae, a student loan corporation, the amount of undergraduates with credit cards has risen to 76 percent. The results also reported that in 2009, the percent had risen to 84.

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News

Online Calculators May Help Parents

Students Will be Able to Calculate the Exact Cost of Their Possible Schools


Students applying to college this fall have a new tool to help them compare costs at various campuses. This month, so called “net price calculators” will appear on the websites of colleges nationwide, giving students and parents an idea of how much financial aid they could receive months before a formal offer arrives.