The circular economy presents a novel model of production and consumption aimed at minimizing waste by maximizing the reuse of existing resources. This approach closely aligns with the principles of sustainable development and requires urgent and effective implementation. Based on this premise, the aim of the study was to assess the level of awareness of the circular economy among selected students at the University of Rzeszów. The research methodology involved the use of an online survey. The survey respondents demonstrated varying levels of knowledge and awareness regarding the circular economy. The majority (48.3%) reported possessing only basic knowledge of the concept, while just 4.5% indicated an advanced understanding. Additionally, 31.8% responded affirmatively to the question, “Do you know what the concept of the circular economy is?” Among the proposed circular economy practices (multiple responses allowed), the most frequently selected were reuse (87.5%), recycling (85.8%), product repair (58.5%), reducing resource consumption (50.0%), and waste disposal (27.8%). Some participants also emphasized the importance of engaging in dialogue and addressing current controversial issues. In response to the open-ended question, “In your opinion, what actions should be prioritized to promote the circular economy among students?”, the most common answers included “I don’t know,” “I have no opinion,” and “I have no idea.” These responses underscore the need for initiatives that strengthen students’ sense of agency and promote their active engagement in shaping the conditions of their everyday lives. The findings also indicate the necessity of broader and more effective education in the field of the circular economy. The study further explores educational strategies related to the circular economy, as well as its strengths, weaknesses, opportunities, and threats in the context of production processes and waste management. Emphasis is placed on the importance of a long-term approach to promoting circular economy principles, combining education, inspiration, and practical tools.