ipl-logo

Persuasive Essay On Credit Cards In College

712 Words3 Pages

Have you ever thought what it would be like to have a credit card in college? Most adults tell college students to stay away from them, but they are an outstanding way to build your credit. Being a college student without any credit you have to start somewhere. There are various types of credit cards to fit what you’re looking for. Obtaining a credit card will help you to learn financial responsibilities as well as improve your credit score. Credit card companies should come to colleges to teach students everything they need to know about credit cards, and maybe even have a class to teach about financial responsibility while letting students participate hands on. There are several options of credit cards to accommodate the needs of each individual student. One is the student credit card. Although it might not be the best option, it has lower interest rates and an easier chance of approval. With this card you will start out with a lower spending limit. As you prove that you are financially responsible and can make on time …show more content…

To be financially responsible you must live with then your budget and never spend more than you make. In order to see a significant impact on your credit score you must keep a low balance, make the minimum monthly payment or pay balance in full at the end of each billing cycle. If you do not learn and practice financial responsibility as a young adult, it can drastically effect you later in life. Most students are afraid that they will dig a hole they cannot get themselves out of. If credit card companies were to have financial classes there would be a higher chance of students applying for cards. It would help the students to get a feel of how everything works and give them confidence in their selves to make that step in life. Not building your credit or having bad credit will not only affect getting a home, it can also affect your job and lifestyle, as well ruin your

Show More
Related

  • Summary Of Getting Carded By David Migoya

    191 Words  | 1 Pages

    What happens when your son or daughter is a college freshman? “Getting Carded” by David Migoya tells the readers what exactly happens when your children come to college. “More than fifty-eight percent of college students said they saw credit-card marketers on campus for two or more days at the beginning of the semester, and eighty-seven percent of all students say they have a card, according to the U.S. Public Interest Research Group.” Credit cards are not a bad thing, but if used carelessly it can ruin your children’s future. “The worst problems come from overspending or maxing out credit limits—which typically are kept low to start—but from the fees associated with late payments or interest rates.”

    Read More

  • Analysis: Is College Really Worth The Cost?

    651 Words  | 3 Pages

    Many college graduates are facing unemployment, leaving students and parents to question if college is worth the cost. The answer is no. Student debt has significantly increased. “If you get this wrong, it’s actually a mistake that’s hard to undo for the rest of your life”(Peter Thiel co-founder of PayPal). Peter Thiel is explaining that today 's students are taking on much more debt, due to recently tightened bankruptcy laws that have made it more difficult to get out of debt.

    Read More

  • What Is The Credit Card Companies Role In Causing Student Debt By Carlos Macias

    948 Words  | 4 Pages

    The Credit Card Industry?s Role in Causing Student Debt, author, Carlos Macias, warns his audience that credit card companies will try anything and everything to get students to own a credit card from their company. Macias states that college students have a huge target on their back when it comes to credit

    Read More

  • Persuasive Essay For Paying For College

    818 Words  | 4 Pages

    Paying for college isn 't a simple process, but with the right resources, you can support your education in the best possible way. Let’s take a moment to figure out what options you have. As you prepare to go off to college, it’s very important to remember that the prices you might see listed for colleges is not the price you will have to pay. Most students will see these sticker prices and won’t even try applying for them.

    Read More

  • Early College Persuasive Essay

    314 Words  | 2 Pages

    Persuasive Paper Rough Draft As an Early College High School student, I ensure you that this program is an amazing program designed to structure your future and help you with your future college experience and career choices. Early College is highly recommended high school for students who want to academically exceed. In these 4 years of high school you are required to take an AVID class and Pre AP or AP courses. You will also take college level courses later in the year.

    Read More

  • Argumentative Essay: The Issue Of Student Loan Debt

    1032 Words  | 5 Pages

    Although debt is a bad thing, it is not unavoidable for everyone. People will fall into debt because not everyone has a solid financial backing. More than seventy-one percent of students graduating from a four year college are graduating with debt (A Look at...) . Setting a cap would cutthat percent far down so the students would have a chance to break even with the income they receive after college. Because there is no student loan debt cap, colleges take advantage of this or they set the cap very high so the students will keep having to pay the college for years.

    Read More

  • Student Debt Persuasive Essay

    1059 Words  | 5 Pages

    Currently, the U.S. has accumulated roughly one trillion dollars worth of debt from student loans. (cite) But, what if student debt was forgiven overnight? Now if student debt was eliminated all at once it would be an enormous expense for private lenders and the federal government. Yet, people continually suggest the dissolution of student loans with a one-time payment plan from the government.

    Read More

  • Persuasive Essay On Student Debt Crisis

    1228 Words  | 5 Pages

    The student loan issues are causing huge problems on both students and society it seems clear enough that students are borrowing a lot of student debt, and they are failing on that debt and aren’t capable of paying it back and that is destroying their ability and threatening their ability to access any more credit in the future. The approaches students are taking to a student loan debt collection are fraught with many problems, including bad recovery tactics and failing on making repayments on the debt. There is no escaping the fact that the cost of college tuition is on the rise and it’s not declining, and that is making it more difficult for students to obtain a degree which is really important to acquire to be able to function in today’s

    Read More

  • Persuasive Essay On Free Community College

    776 Words  | 4 Pages

    As the month of November comes along annually, every single high school senior is forced to decide which path they are going to take after graduating. For some, it is easy to choose which college to attend and how to pay for it. But, for many, it is extremely difficult to figure out a way to get the funds for college. So, they choose the community college route. Community college is drastically cheaper than tuition at a four year university.

    Read More

  • Persuasive Essay On Student Loans

    1185 Words  | 5 Pages

    Things that I have done to pay off my $20 000 student loan in one year. The credit score for many USA citizens has gone down. The reason is that there is an enlarging amount of student loan defaulters. Generally, people lack the know-how on how to handle their student loans.

    Read More

  • Argumentative Essay: The Cost Of College

    771 Words  | 4 Pages

    The tuition and cost of college is detrimental to thousands of families across the country and brings student debt to future graduates. Some students have seen their debt climb over $30,000. Friedman writes, “The average student in the Class of 2016 has $37,172 in student loan debt…” (Friedman). With the debts being over the average income for single people households, college has transformed from a benefit to a burden. Young adults not only have to worry about their education but also paying for the next semester or years of college ahead of them.

    Read More

  • Freshman 15 Persuasive Essay

    1591 Words  | 7 Pages

    The Freshman 15 is a thought that crosses the minds of most future college students, but most say that it won’t happen to them. This fear of losing a toned body after graduating high school bothers some more than others. They realize after high school there are no longer athletics, and they’ll no longer be exercising regularly. Also, when they depart from their parents house and begin to live on their own their eating habits change.

    Read More

  • The Credit Card Company Made Me Do It Analysis

    970 Words  | 4 Pages

    Crippling credit debt is a plague often associated with adult life as the demand to participate in the consumer’s market increases exponentially. Everybody wants to be that person wearing the trendy clothes or accessorizing themselves with expensive material goods. Who wouldn’t want to signal to those around them that their life is going smoothly? In Carlos Macias’s article, “The Credit Card Company Made Me Do It!”-The Credit Card Industry’s Role in Causing Student Debt, he discusses how one of the best lifestyle facilitators offered to young adults is credit cards (Ramage, Bean, Johnson). The point of this article is to analyze the author’s purpose, logos, pathos, and overall persuasiveness; to uncover whether or not credit debt may not

    Read More

  • Argumentative Essay On Student Debt

    1437 Words  | 6 Pages

    Society often believes college is a necessary experience for a better future, but I argue that the future will not be any better when student debt becomes a part of life for those who follow that mainstream belief. Most parents often dream of the great colleges and universities that their children will get accepted into; however, they fail to think of the cost to attend those institutions. Financial aids! Financial aids! Yes there are financial aids that students can apply to lessen the student debt.

    Read More

  • Should Financial Literacy Be Taught In Schools Essay

    460 Words  | 2 Pages

    At what grade level should this program be implemented? Currently there are some states that require high school students to take a financial literacy class, but the numbers are very small. I seek to prove that teaching financial literacy in high school is too late because financial habits have already been established. I believe that a financial literacy curriculum should be started near the end of elementary school. I want to be able to prove that younger children are capable of learning these principles, and that by learning these principles while they are young will influence them to make healthier financial decisions when they are

    Read More

More about Persuasive Essay On Credit Cards In College

Open Document