Because college students are technologically savvy, there will be a greater number of students using debit cards than not. The trend in the U.S. and globally will be to use a debit card. |
By not paying or by paying only the minimum balance, you can hurt your credit rating. Students can come out of school with not only educational but also consumer debt. |
It's safer. A lot of parents are concerned about students carrying bundles of cash around. |