With college tuition, rent, books and credit cards, it's no wonder so many college students find themselves in debt.
Baltimore, MD (PRWEB) August 19, 2009
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.
"College is a huge milestone for young people and the financial responsibilities incurred can seriously damage a student's financial health well beyond graduation," says Clarky Davis, CareOne Services' spokesperson. "With college tuition, rent, books and credit cards, it's no wonder so many college students find themselves in debt."
Having helped over 4.5 million people with their debt, CareOne Providers know that debt problems can happen to anyone. Too often, good financial management is a lesson that occurs too late in life and learned through personal hardship. Fortunately, some of these hardships can be alleviated with improved money management skills and by making informed financial decisions. CareOne wants to help consumers before the problem gets out of hand.
About CareOne Debt Relief Services
The CareOne Debt Relief service mark is owned by 3C Incorporated. Organizations that bear the CareOne Debt Relief service mark are industry leaders committed to providing consumers with superior financial fitness education and service.