Financial Literacy Facts - Coastal Carolina University
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DID YOU KNOW

$ 7 out of 10 seniors (69%) who graduated from public and nonprofit colleges in 2014 had student loan debt, with an average of $28,950 per borrower. Over the last decade—from 2004 to 2014—the share of graduates with debt rose modestly (from 65% to 69%) while average debt at graduation rose at more than twice the rate of inflation. -The Institute for College Access & Success

60% of employers check credit as part of the applicant screening process. -jumpstart.org

The average credit card debt for American families is ~$15,250. -jumpstart.org

The average student loan debt for American families is ~$34,000. -jumpstart.org

Average federal student loan debt for CCU students ~$26,050.

Starting out on your own can be more expensive than you may think.  You can get an idea of how much you will need by completing this survey: http://www.jumpstart.org/reality-check.html. -jumpstart.org

It is never too early or too late to build and improve your financial stability and wellness.