Poor financial literacy in the U.S. has gotten to the point that more than 2 million college students (1 in 10) believe credit cards are free money, according to the personal-finance website WalletHub’s 2019 College Student Financial Survey, released this fall.
Thirty percent of students give their financial knowledge a grade of C or worse. Five times more female students than male students graded their financial knowledge an “F.”
Fourteen percent of students would rather miss a payment than a p...
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