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Magazine surveys students

Young Money magazine recently asked 745 current and former college students about money problems and personal financial skills at school.

The results?

Ninety percent said colleges do not teach personal financial skills. Forty-six percent said their parents did not teach them basic financial skills before they started college. Sixty-three percent believed credit card companies should be banned from soliciting on campuses.

Regarding the biggest money problems, 35 percent of the respondents listed not having enough income, 23 percent said the biggest problem was "credit card debt," 16 percent, not enough savings; 14 percent, difficulty finding a job and 12 percent, student loan debt.

 
 
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