Should College Students Have Credit Cards?
Like any situation, there are pros and cons to whether or not college students should have credit cards. Bear in mind that, like anything major, everything depends, first and foremost, on whether or not the student is financially mature and responsible. Statistically, about 76% of college students have at least one credit card; many have more than one. One of the major pros to having one is the fact that, if used responsibly, they can help young adults build credit. After college, having credit is very important, as it helps one get a car, a house, and other forms of credit. So, not having the credit that is accumulated by a credit card can be crippling. Of course, there are two sides to every coin. If the student is irresponsible with the credit card, It could lead to high debt and a poor credit score. Despite this, credit cards also have many more pros. They guarantee protection in purchases, enable online purchasing, and guarantee relief in times of emergency. Knowing this, any pare
