Want to teach your college student how to be financially responsible with a credit card? Here are 7 things they should know about credit on the Mint blog.

7 Things College Students Should Know About Credit

College can be a popular time to establish credit. According to a survey by credit reporting agency Experian, 58% of soon-to-be college graduates possess a credit card, making average monthly charges of over $500.

Check out the 7 things college students should know about credit in order to be financially responsible over on the Mint blog.

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“My husband and I have $30K in credit card debt from when he was sick and unable to work. We have about $300K in retirement and $50K in cash savings. Should we use the cash to pay off the credit card debt even though not having the cash savings gives me a bit of an anxiety attack?”

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