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College credit card debt continues to grow

Posted at 3:04 PM, May 14, 2021

More college students find themselves carrying credit card debt. 

A report by AIG Retirement Services shows 53% 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.

About 40% of college students reported credit card debt of at least $1,000, while 14% reported debt of more than $5,000.

This story was originally published by Robin Dich at Newsy.