College Credit Card Debt Grows

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College Credit Card Debt Grows
A report by AIG Retirement Services shows 53 percent of college students use two or more credit cards.
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More college students find themselves carrying credit card debt. 

A report by AIG Retirement Services shows 53 percent of college students use two or more credit cards. That's up 12% from last year.

The report was based on a survey of more than 20,000 college students. Forty percent of college students reported credit card debt of at least $1,000. While 14% reported debt of more than $5,000.