They are also discovering a more dubious adult field - the great wild world of debt.
U.S. News and World Report claimed that outstanding credit-card balances for people younger than 25 grew from $885 to $1721 in the last five years.
They also reported that 65 percent of college students have credit cards, one-fifth of those students have four or more cards.
"When I first got a credit card, I maxed it out in about a month," said Ann Arbor resident Lisa Barnes.
"It took forever to pay (the debt off)."
Economics Prof. Robert Porter said the recent flux of credit-card debt has almost as many causes as it does victims.
The most obvious problem is that credit cards are handed out like candy; anyone able to write legibly enough to fill out an application and mail it in can get one, he said.
"Very easy to get one, isn't it?" asked Porter. "Even for people with terrible credit ratings."
Porter also said that part of the reason twenty-somethings are starting of their adult lives "in the red" is sheer "cluelessness."
"People do not realize that they need to plan ... part of it is ignorance."
Porter said many young people often ignore interest rates, which hover at around 18 percent.
He said they fail to realize that putting $150 on a credit card will cost a person more than that in interest.
Porter said young people also have dangerously high levels of hubris and therefore ignore their troubled finances.
"Young people tend to think of themselves as immortal," he said. "When you max out the first credit card, that should tell you something."
However, Porter also said that establishing a credit line is vital to ones economic future.
"The first thing a young person should do is go borrow money and pay it back on time," Porter said.
He said that until a person establishes a credit line, he or she is lumped in the same category as those who have a poor credit line.
Porter said that student loans, the other primary cause of student debt, are well worth the burden they can have on students after graduation.
Student loans have lower interest rates than any other type of loan and a person is not obligated to pay interest on a student loan while in school, Porter said.
"Every student should take out a maximum of student loans," Porter said.
Porter said that although it may seem oppressive to accumulate a significant amount of student-loan debt, the amount of money a person can earn with a college degree outweighs the cost of the loan, plus the education offers something that money can't.
"It's a great investment."
Porter did acknowledge that having massive loan debts to pay off could influence a person's career choice.
"If you were on the borderline between being an entrepenuer and a missionary, a large amount of student loans might sway you a bit."