Credit Card Debt on the College Community
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This paper discusses the problem that students have with credit cards in the college community. According to the paper, credit card debt can become a serious problem for college students because financial problems can harm a student's credit, make it difficult for a student to obtain employment, and harm future relationships. The paper further notes that college students need to have counseling and education about credit cards and laws should be passed on credit card companies to limit the amount of credit given to students.
From the Paper:"Before the first semester of college ended, Joanna Hannah had over seven credit cards and four of these credit cards were over the limit and late. On the college community, many students have at two or three credit cards that they use to pay their tuition, books, supplies, gasoline, and food. Only 27% of students in the college community do not have any credit cards (Homan). Often students receive 25 to 50 solicitations for credit cards during one semester (Homan). Credit card debt can become a serious problem for college students because financial problems can harm a student's credit, make it difficult for a student to obtain employment, and harm..."
Cite this Argumentative Essay:
Credit Card Debt on the College Community (2009, December 01) Retrieved July 06, 2022, from https://www.academon.com/argumentative-essay/credit-card-debt-on-the-college-community-143314/
"Credit Card Debt on the College Community" 01 December 2009. Web. 06 July. 2022. <https://www.academon.com/argumentative-essay/credit-card-debt-on-the-college-community-143314/>