Student loan debt surpasses credit card debt

Recently the amount of student loan debt in the US surpassed the outstanding amount of credit card debt.  This is a hard pill to swallow for recent graduates whose financially-strapped parents are unable to help financially and who are facing one of the most dismal labor markets in the past 70 years.  As I blogged about yesterday NPR is going a 5-day series called “Money Counts” in which they are examining youth and fiscal literacy.  In this broadcast they take a deeper look into student loan debt and provide some helpful hints for those who are entering college.

NPR does 5 day series called “Money Counts”

If you’ve been a long-time reader of this blog then you know how important I think it is for our youth to have a meaningful education in personal finance BEFORE they are exposed to the potential perils of credit at the age of 18.  I was excited this weekend when I heard that NPR’s Morning Edition is going to have a 5-day series called “Money Counts” focusing on youth & money.  Here is the first broadcast which aired Sunday: