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Debt Free U Helps College Students with Finances and Education

August 19, 2009 | Financial Tips | Press Releases | No Comments

College students and young consumers across the country now have access to education and financial tools designed expressly for their needs. This 100% free, non-commercial portal launched today, just in time for the start of a new school semester.

Debt Free U empowers young adults to master money management during this critical stage in their lives. With a full range of interactive tools and practical information on the issue that matters most to young consumers, Debt Free U helps college students face tough financial decisions with confidence. Online calculators, an extensive resource guide and blogs with the latest information help students cut through the financial jargon and get clear, simple information on how they can control their debt.

Additionally, Debt Free U established social media websites including Facebook, Myspace and Twitter @DebtFreeU, to establish ongoing dialogue with the students and young consumers utilizing the site’s resources.

Now more than ever, students need education and support to establish smart money management habits. According to a national study conducted by Sallie Mae, one of the nation’s largest student loan providers, the average college student carries more than $3,000 in credit card debt on at least four credit cards, and close to one fifth of seniors carry balances of more than $7,000.

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