The heaviest users of consumer debt are college students.

Question

Quizplus · Accepted Answer

While college students may have significant expenses related to tuition, housing, and books, they are less likely to have access to high levels of consumer debt compared to older, more established individuals with credit histories and steady incomes. High levels of consumer debt are more often found among middle-aged individuals and families with mortgages, car loans, credit card debt, and other forms of borrowing.

The Heaviest Users of Consumer Debt Are College Students