|
The
Current Teenage Financial Crisis |
| Fact |
Teenagers
spent $175 billion last year, an average of $104 per week. |
|
Fact |
The
majority of students ages 16 to 22 have never taken a class in personal
finance. |
| Fact |
More
than 85 percent of American teens do not have access to personal finance
education in school. |
|
Fact |
Student
credit card debt: $500 Million |
| Fact |
Student
loan debt: $60 Billion |
|
Fact |
Under
25 age group is the fastest growing group filing for bankruptcy…Teen
Research Unlimited April 22, 2004 |
| From |
USA
TODAY, Oct. 30, 2004:
“Young people today have more money, more debit cards, more
bills for such things as cell phones and high-speed Internet, and
more debt for such things as student loans than any generation before
them.” |
| |
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