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Schumer eyes parental consent for student credit card users

Long Island and New York City college students are carrying a whopping $1.8 billion in credit card debt, with more than 90 percent charging education expenses ranging from textbooks to tuition, according to Sen. Charles Schumer and a new report on student debt.

"Graduates are not only leaving college with a diploma, but also with mountains of credit card debt," said Schumer, who will release...

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