Study: Students Know Little About Consumer Credit

Nearly 60 percent of California college students interviewed for a recent survey could not define the term "credit score." The survey, released Tuesday by student loan website LendEDU, included responses from 668 students at both two-year and four-year institutions. More than 40 percent of students said they did not believe that student loan debt was included in a credit report or score.

A separate study released earlier this year by the Council of Economic Education found that only 17 states require high school students to take a course in personal finance.