Sallie Mae Mint?

Sallie Mae is the largest student loan company. We look at a 60 Minutes report on Sallie Mae and how Sallie Mae, with the help of government ...

What is free?

Related links

Sallie Mae Customer Advocate | Sallie Mae Net Pay | Sallie Mae Manage Your Loans Make Payment | Sallie Mae Is Evil | Sallie Mae Government Bailout | Fsa Direct Loans Master Promissory Note | Sallie Mae Unsubsidized Loan | Sallie Mae Pell Grant | Sallie Mae No Cosigner Loans | Sallie Mae Took My Refund | Sallie Mae Killeen Tx | Sallie Mae Manage Your Loans Sign In | Sallie Mae Tuition Pay Phone Number | Sallie Mae Charge Off | Sallie Mae Art Institute | Sallie Mae Yahoo Answers | Sallie Mae Pending Payments | Sallie Mae Cosigner | Debt Negotiation Sample Letter | Personal Loans Augusta Ga | Direct Loans Exit Counseling | Sallie Mae Mint | Sallie Mae Address For Deferment | Personal Loans Military Spouses | Sallie Mae Billing Groups | Sallie Mae Fund Scholarship | Sallie Mae Ed 1098 | Personal Loans Murfreesboro Tn | Debt Negotiation Letter Template | Direct Loans Transferred To Sallie Mae | Sallie Mae Insurance Premium | Sallie Mae Bailout | Sallie Mae In School Deferment | Sallie Mae Ucsc | Direct Loans Eda | Sallie Mae Lawsuit Cell Phone | Sallie Mae Is Back In Shape | Sallie Mae Tuition Pay Faq | Sallie Mae Murray Utah | Sallie Mae Deferment | Sallie Mae Change Name | Personal Loans Blacklisted Clients | Sallie Mae Billing Phone Number | Sallie Mae No Cosigner | Personal Loans Aib | Sallie Mae Grad Choice 2 | Sallie Mae Routing Number | Sallie Mae Select Step | Hdfc Personal Loans Customer Care Number | Sallie Mae Minimum Credit Score | Sallie Mae Unemployment Deferment

Better budgeting may be the solution to student debt

College students are charging more tuition and school related funds to credit cards than ever before according to research by Sallie Mae, the nation’s leading student loan company.

According to the study, in 2008 the average college student charged $2,200 in tuition and other educational expenses to credit cards rather than using other student loans or financial aid.

Despite the trend, it’s better for students to use student loans rather than credit cards, said UTM’s Thomas Payne, chair of the Department of Accounting, Finance, Economics, and Political Science and holder of the Dunagan Chair of Excellence in Banking. The lower interest rates and options of deferring payments and interest costs are better for long term expenses while credit cards are better for short term expenses, he said.

Students, though, seem to still be relying on credit cards for academic loans and other expenses while racking up high debt at high interest. Sallie Mae also reported the average college student is in $3,173 of credit card debt overall.

What is new?

What is popular?