Persuasive Essay Final Paper

Submitted By darin2believe
Words: 1137
Pages: 5
Open Document
Credit Card Debt and the College Student
By
Danielle Wyman
October 23, 2011
COM 156

When you think of credit cards, do you think easy access to money or incurring more debt? Some say that credit cards can help build your credit score which will help with future purchases like a car or home, but more often they help cause debt that you cannot afford. Credit cards can also help you acquire more debt adding financial burdens that increase stress levels. Of all people college students do not need this hassle, since most start college in debt already and just learning to be a responsible adult with finances. So credit card companies should not be allowed to solicit to college students on or near college campuses. With the increasing costs of tuition and students having to take out loans to pay for college they do not need any extra debt added to their plate. With the easy access to credit cards, students are spending and using credit cards to pay for their tuition more often than before. There are other ways that college students can build their credit history, then using credit cards. A few prepaid cards and reloadable cards are available through their banks and other credit companies that help build credit. This way the student is only spending money that he or she has and building credit at the same time. This helps the student save money by not having extra bills and high interest rates.
Students that are finding themselves covered in debt are more likely to drop out of school and pursue jobs instead of an education in order to pay for their bills. There have been many studies regarding credit card companies on college campuses because of the increasing dropout rate. Studies show how far credit card companies will go to get the college students attention. There have been companies that will make deals with colleges so that they can solicit to students. This is usually done because the percentage of students that use credit cards is high, and because of the ease of availability that it is to get them. Some credit card companies offer great rates to college students, and using other things like free stuff to get them to fill out an application. However, most of them have an interest rate that increases after six months to a year. This is just leading students to bury themselves in debt before they even graduate. Most often with little hopes of being able to pay off their debt before the high fees and interest double the amount that they spent. Everyday more and more employers are starting to run credit checks as well as background checks prior to employment. So being a student fresh out of college and in debt can hurt their chances in the working field. That is one of the biggest reasons why credit card companies should not be allowed on campuses.
According to Mustang Journal credit card companies on campus can only be described as a plague. Their survey proved that more than 80% of college students had a credit card in 2008. Fifty percent of the college students had four or more credit cards. It increased to over $4100 in 2009. This just proves that this is an ongoing problem with students and credit cards and it seems to only get worse as time goes on. I feel that something has to be done about the soliciting to college students.
Another study done by Sallie Mae showed that too many students are at risk of overpaying for college by using credit cards to pay for textbooks or even part of their tuition bill, instead of using less expensive financial aid to cover these items. The first study that Sallie Mae made in 2004, nearly 30 percent of students put tuition or books on their credit cards. This increased to 92 percent of students purchasing books or tuition on their credit cards in 2009.
The increase of students dropping out has been mostly because of financial burdens. A big percentage of the students dropping out are students using credit cards for tuition instead of student loans. Credit card companies
Show More

Related Documents: Persuasive Essay Final Paper

Final Project Essay

WRITING When this course began, I didn’t consider myself a writer at all. It was difficult to organize my thoughts and ideas. My note taking was helpful but not enough. After submitting the first draft of my narrative essay in Module Three, I learned a couple things about writing. First, I could phrase a thesis statement and place it in the introductory paragraph without giving away the whole gist of my narrative right off. Professor Stocklos very eloquently guided me…

Words 703 - Pages 3

My Writing Experience

had to write my first essay. I was only 10 years old and had never written anything to turn in for a grade. Throughout writing my essay my teacher, Mrs. Wright, helped me figure out how to write in a way my peers would understand and find interesting. Mrs. Wright was by far my favorite teacher, she was understanding and fun, always wearing something yellow. Since my whole class was learning to write at the same time, my two best-friends, Kathlynn and Cassie proof-read my paper. Cassie always wears…

Words 631 - Pages 3

My Writing Process

writing assignment for school or work are as follows: 1. PREWRITING: a. First, I choose a topic to write. b. Second, I decide what style essay I prefer to write (such as Descriptive, Persuasive, Narrative, etc.). c. Followed by brainstorming via freewriting (writing non-stop, putting all of my thoughts on paper). 2. PLANNING: a. First, I utilize a graphics organizer to organize my brainstorming from when I did the freewriting and to keep the relevant and…

Words 693 - Pages 3

Reflective: Writing and Draft Essay

Zonglun Wu Reflective Essay of Unit 2 Be honest, at the beginning of unit 2, I think it’s going to be a challenge for me to write the compare and contrast essay, because I didn’t write this kind of essay before. The Classes helps a lot. Since the topic is going to be the Ameican president election, the professor Berry invited another professor from political science department to introduce the election to us. Then, we did a lot of works to compare articles about campaign from different…

Words 653 - Pages 3

Baby Boomers Essay

The Final Project in this course will be a written, cohesive argument for a specific change in your community or workplace. The Final Project should take the form of a “persuasive essay,” in which you will provide reliable evidence from at least five sources to support the argument for change that you are advocating. You will also need to reconcile the counter-argument or the audience’s misconception about the topic within the Final Project, as the ability to do so is a key component of a strong…

Words 682 - Pages 3

A Proper Syllabus Essay

about the class: Prerequisite ENGL 030 or ENGL 040 or ENGL 098 or READ 040 or placement at the ENGL 099 level as defined by the College. An introduction to fundamental techniques of reading and writing including sentence skills, paragraph and essay development, and use of literal and inferential comprehension for critical and analytical thinking, reading and writing at the college level. 90 lecture hours. Course Student Learning Outcomes Upon completion of this course, students will be able…

Words 3047 - Pages 13

Literature in English (Exemplar Scripts) Essay

Sample answers Literature in English 9695/51-53 These three sample answers are for 9695 AS/AL Literature in English Paper 5. They are intended to give an idea of the range of response and the requirements at the top, middle and middle/bottom of the mark range. They are not necessarily ideal or model answers, but are chosen as being representative answers on model texts. UCLES 2010 2 Example 1 UCLES 2010 example 1 3 Example 1 UCLES 2010 example 1 4 Example 1…

Words 1784 - Pages 8

Photography: Writing and Spring Semester Essay

and problem-solving sciences, this first required course in a two-semester sequence, Writing and Rhetoric I address techniques for idea generation, planning, drafting, revising, editing, and proofreading. Emphasis is on moving from expressive to persuasive writing while improving reading skills. These activities are carried out through one-on-one conferences, small-group workshops, and multi-draft approaches to writing assignments. Departmental Course Rationale: The English Department takes seriously…

Words 1796 - Pages 8

Essay on final draft

Assignment: Persuasive Final Draft Persuasive Final Draft Charity Holmes October 22, 2013 Community Violence: A Piece of the Devil's Pie If an automobile company had cars that would cause an accident one out of every eight times, would you buy from that company? Of course you wouldn’t. No one would accept that many innocent mishaps. That’s about the same number of innocent people that is being violated on a weekly basis in the small community of Itta…

Words 1048 - Pages 5

Federalist 51 Analysis

Federalist 51 was written on February 8, 1788 by James Madison—Founding Father, Framer of the Constitution, and Federalist. This document is a primary source, and is one out of the 29 essays that Madison contributed to the total 85 Federalist Papers. Federalist 51 has purpose, limitations, and value to modern historians. Its purpose was to reach the people of New York in order to persuade them to support the ratification of the Constitution drafted in 1787 during the Constitutional Convention. The…

Words 636 - Pages 3