Credit Cards and College Students Many students in college are taking out student loans to pay their expenses; add credit card debt to the mix and it is just a bad situation. Almost every college student has seen the ads for credit cards. Credit cards are a way of life for many people. Americans are already bombarded with ads for the latest and greatest credit cards. Is it really necessary to market them on college campuses as well? Many believe that advertising on campus just leads our youth
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Credit Card Company Solicitations of College Students Rapheal L Smith COM/172 Version 1 April 20, 2011 Dr. Paul A. Jessen Abstract Credit card companies are in business to make money. It is obvious these companies are not helpful to today’s consumers whether young or old, because consumers are now accumulating debt as early as high school and college. Why not target the young consumers? This is a time when most young people put every dime they have toward their education, which leaves them
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What young college student does not need a little extra money for the weekends? What would a person think if they were told they could make some extra cash in just a couple of hours? Now you are talked into meeting on your college campus with a credit agent from Citibank and wind up selling thirty cards to fellow students. Now this might all sound perfectly innocent, but this is a very real incident that happened to a University of Pittsburgh student named Ryan Rhodes three years ago. Of those thirty
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though credit cards can be a source of paying for college-related expenses; credit card companies should not be on college campuses because most students will misuse the credit card, go into credit card debt and not realize the full financial hole they are in and struggle for years to pay off the debt. The first reason why credit card companies should not be on colleges marketing to college students is that it is very easy for a college student to misuse the new credit card. A college student most
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I. Credit card companies should not be on campus marketing to college students College kids and credit cards have been news lately, following a June 1999 report by the Consumer Federation of America (CFA) that blasted card issuers for luring unsuspecting students into debts. Sociologist Robert Manning, the author of the CFA study, was quoted in a Reuter’s story as saying: “The unrestricted marketing of credit cards on college campuses is so aggressive that it now poses a greater threat than alcohol
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Paper Introduction Credit Card debt and college student debt are problems that must be addressed now. We are seeing to many people suffer from both since they are misinformed and not educated about either. I got my first credit card when I was 18 years old. My parents taught me to be careful with my card and if I wasn’t they would cut me off immediately. Unfortunately people are now getting credit cards earlier and parents are not teaching kids how to use credit cards correctly. According to
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Eliminating Student Debt Bonnie Heath COM/156 August 29, 2010 Lori Wilson Eliminating Student Debt What I hope to accomplish in this paper is to show the reader that because of the predatory practices and shady deals with the different schools, credit card companies should not be allowed on campuses marketing to college students. The level of debt in society today is high enough and credit card companies do not need to be targeting college students just to increase their number of customers
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Young Consumers Credit card use: disposable income and employment status Joshua Fogel Mayer Schneider Article information: To cite this document: Joshua Fogel Mayer Schneider, (2011),"Credit card use: disposable income and employment status", Young Consumers, Vol. 12 Iss 1 pp. 5 - 14 Permanent link to this document: http://dx.doi.org/10.1108/17473611111114740 Downloaded on: 26 November 2015, At: 00:30 (PT) References: this document contains references to 29 other documents. To copy this document:
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Credit card companies should not be on campus marketing to college students Credit card companies love college students. They are the prime prospects of credit card companies. There are a couple of reasons they like to get you. First, they have a strong hunch that your parents will bail you out if you run up your credit card bill. Second, you have a long credit life ahead of you. This means lots of years of interest payments for the credit card companies. In the past, credit card companies were
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Welcome to WritePoint, the automated review system that recognizes errors most commonly made by university students in academic essays. The system embeds comments into your paper and suggests possible changes in grammar and style. Please evaluate each comment carefully to ensure that the suggested change is appropriate for your paper, but remember that your instructor's preferences for style and format prevail. You will also need to review your own citations and references since WritePoint capability
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