Credit card debt affects the studies seriously. Lack of concentration, focusing on excessive debts can lead to lower scores and GPA.

Lack of proper attention to studies, lower GPA’s, increased debt pressure can all lead to a point where student drops out from the college.

A high credit card debt can force a student to take up a part time or regular job, which often has a degrading effect on studies.

Though the student credit card is designed to give a good beginning to a person’s credit history but, excessive debt can cause a serious dent to credit score this factor alone can cause serious problems for students.

Due to a bad credit score which is the result of credit card debt, a student can face difficulties in finding apartments for rent.

Same factor can make insurance rates higher or unaffordable for students, because insurance companies find it risky to insure people with poor credit.

Getting a job also becomes difficult when a credit card debt causes poor credit history. The employer also shy away from people with poor financial skills and money management. Read more from: http://www.credit-card-gallery.com/article/273,10_ways_how_student_credit_card_debt_can_turn_your_college_life_into_hell