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Associate Professor Offers Advice on Student Credit Card Debt in WKOW Segment

by Rob Kelly Friday, September 4, 2015
justin sydnor uw-madison wisconsin school of business

Justin Sydnor, Assistant Professor in Risk and Insurance at the Wisconsin School of Business

Justin Sydnor, associate professor of risk and insurance at the Wisconsin School of Business, offered credit card debt advice for college students and their parents on WKOW.

In the story “College Credit Card: Good Idea or Bad Idea?,” Sydnor says that accruing debt while in college is not necessarily bad, as long as it’s the right kind of debt.

 “Credit card interest rates are still much higher than student loan interest rates,” Sydnor says. “The vast majority of students would be better off having higher student loans than having any credit card debt."

Watch the segment on WKOW’s website.