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College Credit Card Debt Grows
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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.
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