Topic 46 Credit Cards on College Campus

As is shown in the chart, the percentage of college students using credit cards has risen markedly in the past few years. An increasing number of students would rather use credit cards than cash to pay for everything.

There are at least three factors accounting for the increasing use of credit cards. For one thing, a credit card will offer students a safeway to pay their tuition fees, thus it diminishes the risk of taking a large sum of money with oneself. For another, most credit cards provide a variety of services, such as a greater convenience of shopping and spending, stream lining collection procedures, etc. In addition, students can draw money with a credit card anytime they want, thus solve the problem of money shortage.

As to the issue of credit cards on college campus, I am inclined to believe that it is not bad for college students to have credit cards. However, we’d better lay down some rules of the credit cards on college campus to stop the misconduct of credit cards, and only in this way can we enjoy the advantages of credit cards on college campus.