Cowell's launches campus credit tour


State Treasurer Janet Cowell is going to become a credit counselor.

Well, sort of.

Cowell announced this week that she plans to visit several college campuses to educate students about credit card use and debt.

Cowell's office said that 84 percent of college students had at least one credit card last yeaer, with half of them having more than four credit cards. The office said the average balance on student credit cards have risen to a record high of $3,200.

Cowell's credit tour is being done in conjunction with Generation Engage, a nonprofit that encourages young people to become active in their communities

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