As projected by the National Center for Education Statistics, over 1.8 million students will graduate with a bachelor's degree this year. But before these students leave their college days behind, Credit One Bank employees are sharing real-life lessons in managing credit, finances, and debt, subjects of interest to graduating students.
According to Student Loan Hero total student loan debt is $1.48 trillion in the U.S., spread out amongst 44 million borrowers, with an average monthly loan payment of $351 for borrowers 20 – 30 years old. To better prepare students planning to pursue a graduate degree or enter the workforce, Credit One Bank asked some of their employees—who know a thing or two about credit and finances—what advice they would give their younger selves based on what they've learned over the years.
Here are key findings college graduates may find helpful:
This advice and more from Credit One Bank employees can be found online at Credit One Central, a unique financial resource that provides insight, tools, and other resources for a variety of consumer needs.
Credit One Bank is a financial services company and one of the fastest-growing credit card issuers in the U.S. Founded in 1984 and headquartered in Las Vegas, Credit One Bank offers a full spectrum of credit card products including cash back and points-based cards as well as high-yield certificate of deposit and savings accounts. Credit One Bank is also an official partner of the Las Vegas Raiders and the Official Credit Card of NASCAR, WWE, the Vegas Golden Knights, and Best Friends Animal Society. Learn more at CreditOneBank.com , in our Newsroom or on social media (@CreditOneBank) on Facebook, Instagram, Twitter, YouTube, and LinkedIn.