KHEAA offers tips to students help avoid getting into trouble through mismanagement of credit cards

Students can get into trouble with credit card debt if they don’t take time to think about what they’re doing, according to the Kentucky Higher Education Assistance Authority (KHEAA). One quick way to get into trouble is to carry a high balance and pay only the minimum payment each month. If you have a $1,500 balance, your minimum payment might be $30 a month, since many credit card companies set...

Gena Bigler: Buried in a mountain of debt?
Be strategic about climbing out from under

Debt is a national problem.   I’m not talking about our national debt, which is an entirely separate problem, but American family debt.   We as a nation live beyond our means. The average American family has more than $7,000 in credit card debt. Home foreclosures have reached all-time highs in the past few years. Student loan debt is growing at a disturbing rate and is also at an...