NEWARK, Del.—Among those who have at least one credit card, college students now have an average of 5.2, a new report shows.
That's higher than the 4.4 cards held last year by a typical card-holding American of any age, noted CNBC.
Sallie Mae's 2019 Majoring in Money report found that 57% of the students surveyed carry at least one credit card.
“The average number of credit cards students hold seems to be increasing,” CNBC said. “In 2016, college students with at least one credit card only carried an average of three cards, the survey reports, compared to an average of five today.”