Tag Archives: students
College Student Credit Cards: Friend or Foe?
There is much debate surrounding college student credit cards. Some swear up and down that they’re a disaster waiting to happen while others vehemently object and insist they are a must-have financial tool for college students. Which side is right?
When deciding whether college student credit cards are good or bad, you need to weigh the facts. These three truths will help you come to your own conclusion.
1. Aggressive Marketing
College student credit cards have gotten a bad rap when it comes to their marketing tactics — and some would say that it’s for good reason. You can’t hit a single college campus without coming across at least one application for college student credit cards.
That being said, while the applications are definitely readily available (to put it lightly), no one is forcing college students to sign the application. It’s the responsibility of a parent to instruct their children on wise financial decisions.
The credit card companies are marketing their product — that’s what they do. Parents need to do their part and make sure that they instruct their children in the ways of the credit world.
2. They’ve Got to Grow Up Sometime
Everyone has to grow up sooner or later and college student credit cards can provide some priceless lessons in the world of adult finance. For the first time, college students can be responsible for their own spending and their own monthly bills.
Yes, college student credit cards can provide the potential for disaster (but so can a number of situations that students encounter in college). Just because student credit cards have the potential to be misused, it doesn’t mean that they will be. Have some faith in today’s college students!
3. Paving the Way
Once a college student graduates, they’re going to need some things (a place to live and a car to name a few) and they’re going to need credit to get the things they need. If they don’t start building their credit history in college, when are they supposed to do it?
If a college student wants to be completely prepared when they graduate, they’re going to need to work on building a solid credit history while they’re in school. College student credit cards can be the means to that end.
If you know a college student (or are a college student) who has been debating about whether college student credit cards are good or bad, consider the above three facts and remember, it’s not college student credit cards themselves that are good are bad — it is who is using them and how they are being used that make the difference.
School Scholarships Offer A New Lease In Life
Your education is the one thing for which your parents will work hard to make sure that you get to have the kind of education that they never had as this knowledge that you gain in your initial years will help you in your life ahead. Education has become a really expensive affair and it isnt really economic anymore for all students to go ahead and get great college degrees without some financial aid. Thanks to great school scholarships this is somehow possible as this financial help will help gifted students a long way.
It isnt easy to attain a high quality education as there are many factors that will hinder your growth and development and will also become an obstacle in your path towards great education. However, leading educational organizations now want to help students get good education and that is why they have lowered their fees in various areas like the college admission process and also offer financial relief to brilliant students who deserve good education. There are other expenses too like the books for college that you can avoid by going for used books or borrowing books from a friend.
Getting good education wont be easy on your wallet and the only way in which you will be able to address this is by going for school scholarships. There are a wide range of scholarships that you will be able to use for your advantage as they will be able to cover various charges like your tuition fees, costs of books, etc. You will not have any worries if you are covered by school scholarships and grants as they will be able to take care of all your educational expenses and you will be able to focus on your education only.
There are a wide variety of programs now available for different educational programs and there are many funding agencies that are offering various scholarships and more. Incase you are a business degree aspirant you will be able to save a whole lot of expenses by applying for one of the many business scholarships that will be able to make it easier for you to complete your education without any monetary hassles. Similarly there are other schemes also available for other courses like nursing scholarships that will be offered to exceptional nursing students who are academically very good and deserve to get a good education. These scholarships will undoubtedly help these gifted students achieve their dreams without worrying about semester tuition fees.
The power of education in todays world is immense as there is simply no substitute for great knowledge and your education will definitely help define your tomorrow. There are various schools that offer many varied courses but generally the expense of educating someone has gone really high. In this situation the best way in which you can help yourself get the education you seek and not put your family in any financial trouble is by getting school scholarships.