I really got it for school. Most of my friends have cards and use them for emergencies. Two-thirds of the students polled said they have at least one credit card and 59 percent typically pay of their monthly balances. That's better than the general public, only 40 percent report similar behavior, said Catherine Cummings, vice president of consumer affairs with MasterCard International. Colleen O'Brien, a manager with IHEP, said analysts were surprised by the results of the survey's findings because past research and anecdotal evidence made it appear that students were likely to go into credit card debt.
Students get the whole thing about credit.
Quinnipiac College allows credit card companies to solicit students, but not all schools do. It's a good way to establish credit. Building a credit history is the reason why 82 percent of students said they had credit cards. These savvy students are already thinking about life after college. Once they graduate, they want to be able to make those purchases, like a new car.