36% Pay Student Loans with Credit Cards
Cardratings.com recently conducted a survey to determine how many students carry student loan debt on their credit cards and discovered that a much lower number than expected actually do.
According to the survey, a total of 36 percent carry some or all student loan debt on their cards. While this number may seem big, the company determined that the 64 percent that don’t is very encouraging.
One of the numbers in the study that was a bit more discouraging, however, was that 17 percent of consumers carry $10,000 or more in student loan debt on their cards. The hope is that these numbers are able to reduce in time (PR Web).
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