Credit-card debt is a problem that faces many college students. BusinessWeek reported last year that 75% of college students have cards, up from 67% in 1998. Nellie Mae, a student-loan corporation, found that the average outstanding balance on undergraduate credit cards was $2,169 in 2004.
To help students confront this issue, a 2-week program, entitled “dollar/sense,” will be held on campus starting Monday, Feb. 18. Its goal is to inform college students of the intricate and complicated financial world around them. The event will run intermittently from Feb.18 – 28 (see schedule below), and each session will begin at 6:30 p.m. in the Christensen Center coffee lounge. Continue reading “Do you have dollar/sense?”