Are Students Profiting from Student Debit ID Card? (Research Proposal Sample)
Why are you interested in this topic
The history of credit cards
The history of university credit cards in the US
The history of universities and credit cards in China (they only allow purchases on campuses)
card abuse on college students is infamous for luring college students to spend tons of money while not realizing it. And laws have been pushed through, Card Act of 2009, for prohibit bank card marketing to college students and on campus. However, marketing strategies soon adapted to this situation by cooperating with universities. Student ID cards are crucial of survival in college. And its usage is ubiquitous on campus. Every students are required to possess one card.
Are Students Profiting from Student Debit ID card?
Debit cards have become popular with an increasing number of people including students. Many young people, especially the students view them as preferable compared to the traditional bank accounts in regards to convenience and ease of use. In this way, many colleges often partner with banks to get debit cards for their students. However, controversy has generated on whether these debit cards are profitable for the students or not. Some argue that it is the school that benefits from the debit cards that these students apply for and not the students. For this reason, it is important to access if students profit from student debit identity card (ID) and ways that they may not be profiting.
Many colleges have college IDs that double as debit cards. Students profit from such an arrangement because of the convenience of using the card for various functions. For example, students can use these student debit ID cards for borrowing books from the library and paying for food in specific locations around the college. This is beneficial because students do not have to carry cash around. Cash money is easy to get lost or stolen and so when the college ID doubles as a credit card, it provides this convenience to the students. Further, most of the institutions or banks that give these debit cards make it easy for students to use them across the state. In this way, when a student goes to a cafeteria or ATM in a certain college or campus where the same financial institution offers the debit card, one can pay with his or her debit card without any problem.
The other way that students profit when student ID doubles up as a debit card is avoiding overspending. In reality, unlike credit cards that were previously over marketed in colleges, with a debit card, one spends the money that is available in one...
- Are Students Profiting from Student Debit ID Card?Description: Many colleges have college IDs that double as debit cards. Students profit from such an arrangement because of the convenience of using the card for various functions....7 pages/≈1925 words | 8 Sources | Chicago | Social Sciences | Research Proposal |