Students Shouldn't Make use of Credit Cards
Thesis statement: Credit card providers lure students with applications in the postal mail daily and advertisements triggering them financial burdens. We. Responsible make use of credit cards may exist
A. " Half of university undergraduates possess four or even more credit cardsвЂќ B. " Only seventeen percent said they on a regular basis paid most cards each monthвЂќ C. " Eighty-two percent hold balances and incurred fund chargesвЂќ 2. College students lack financial managing
A. " College students charge $2200 in direct education expensesвЂќ B. " Average undergrad carries $3173 in financial debt, which is up forty-one percent from same study executed in 2004вЂќ III. University students begin to conduct poorly about academics and get into personal credit card debt A. Job multiple careers taking away coming from academic period
B. More than borrow about student loans to get money to stay afloat and pay outdated debts C. Parents have to bail these people out
Deb. Turn toward bankruptcy
At the. Lose scholarships
IV. Credit card issuers are running an enterprise
A. Can't beat the program
B. College students spending bills later make more money to get credit card companies since they fees late costs and bigger interest rates C. College students would prefer to flash plastic-type to look rich than spend money they may have D. Could take years to get out of debt
V. Use debit cards or perhaps smart greeting cards instead of bank cards A. Can still charge points, but they know very well what they have to dedicate B. Easy and convenient
C. Parents can arranged limit
M. No late penalties or interest
Finishing paragraph: The end result is college students are certainly not responsible enough and absence financial supervision to be in a position of having bank cards.
Sources Located: Sallie Mae. (n. d). How Undergrad Students Use Credit Cards. Recovered July 13, 2010 from http://www.salliemae.com/about/news_info/research/credit_card_study/
Doing an outline and...