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Campus Credit Cards
Campus Credit Cards In mere recent years, our colleges and universities have begun to forbid promotions by credit card marketers at an alarming rate. The numbers have increased dramatically over the past few years, and they are only expected to remain on the rise. Given that credit cards have essentially become a necessity in today’s economy, card companies have been driven to market on college campuses. This has resulted in providing nearly a quarter of students with a credit card. Due to the broader financial options today, banks and card companies a more willing to step out on a ledge in these markets. If banks and lenders alike were to acknowledge of Thomas Aquinas, they would cease to exist. Aquinas writes, “To take usury for money is unjust in itself, because this is to sell what does not exist, and this evidently leads to inequality which is contrary to justice.” Unfortunately, most card companies are luring students into somewhat of an addiction, an addiction to piling on debt that they cannot handle, an addiction to plastic. With this in mind, should the marketing of credit cards be permitted at our colleges and universities? Because college campus, credit, card, students, college, student, money, vendors, cards, companies, take, debt, out, must, colleges, buy, unfortunately, parents, financial, even, banks, whether, universities, though, themselves, teach, spending, simply, should, seminars, school, product, market, loan
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