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Our Nation's Credit Card Problem
Beginning of Paper
Our nation is in dire financial straits. However, the nation's
situation is only a reflection of our personal failures in our inability to
"Just Say No" to ourselves. We must have everything and we must have
everything now. We have become a country of consumers instead of a populace .... Middle of Paper .... embarked down the same
ruinous path. Many students come out of school not knowing how to balance a
checkbook. College is where you start learning firsthand about finances and
credit because the credit companies are sending out cards by the buckets to
students.
Citicorp just spent ten-million marketing credit cards to high-
school kids. Sixty-one percent of all college students are carrying a card,
and thirty-two percent of those got it before college. However a recent
survey showed that fewer than thirty percent of the students pol ....
541 words | 2 pages
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