If people put everything from groceries to gas on credit cards to earn rewards, why not college tuition?
Many colleges and universities let you pay with plastic, and some people do. But it can be a very poor financial decision, and it may cost you more in the long run.
Sallie Mae’s report “How America Pays for College 2016” found that about 2 percent of families with students used credit cards to pay for college costs, putting an average of $4,443 on the cards for tuition and other expenses to attend school.
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