College Credit Card Debt Grows

The video discusses a report by AIG Retirement Services, highlighting that 53% of college students use two or more credit cards, an increase of 12% from the previous year. The report is based on a survey of over 20,000 college students. It reveals that 40% of students have credit card debt of at least $1,000, and 14% have debt exceeding $5,000.

What percentage of college students reported credit card debt of at least $1,000?

What percentage of college students reported debt of more than $5,000?