On Sept. 16, the Patrick-Murray Administration��s Office of Consumer Affairs and Business Regulation, along with a coalition of nine colleges and nine business and government partners, announced the launch of Project Credit Smarts - a program designed to educate students about credit card use, including its dangers and pitfalls.
The estimated total credit-card debt being carried by college students in the Boston area is over a half-billion dollars. One in five seniors will graduate with over $7,000 in credit-card debt. Project Credit Smarts offers a crash course for students on surviving the tactics and fine-print catches that can come with credit card pitches. Seminars will be held at schools throughout the Commonwealth, and will reach more than 1,000 students.
Below is information regarding Project Credit Smarts, including a PowerPoint full of tips and information regarding credit cards and responsible debt management.