Final Assignment COM156

Final Assignment COM156 - Running head: CREDIT CARD...

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Running head: CREDIT CARD COMPANIES ON CAMPUS 1 Credit Card Companies on Campus Jess Midkiff COM/156 April 17, 2011 Charlotte Newman
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CREDIT CARD COMPANIES ON CAMPUS 2 Credit Card Companies on Campus There are many debates about if credit card companies should be allowed to market their products on a college campus or if they should be stopped and banned off of all college and university campuses in the United States. Many people in our society believe that college students are incapable of using a credit card responsibly and wisely and will go into debt because of the credit card company marketing their product on campus making the products easily accessible to the students. Even though college students may not be educated enough to use a credit card wisely, credit card companies should be allowed on campus to market to college students because college students because college students will be able to use the credit cards to build their credit score and credit cards may be used in case of an emergency. It is very understandable why many adults believe that their children are not responsible enough as college students to use a credit card wisely. However, they must realize that college students are now adults and must learn from their own mistakes and learn to live on their own. Anyone in our sluggish economy can go into debt using credit cards by using them irresponsibly regardless of whether they are young or old. In a study done by Nellie Mae “On average, older graduate students (age 30-59) carry $12,593 in credit card debt, almost twice as much as their
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This note was uploaded on 06/26/2011 for the course COM 156 taught by Professor Hampton during the Spring '10 term at University of Phoenix.

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Final Assignment COM156 - Running head: CREDIT CARD...

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