Persuading Students to Use Credit Cards and Financial Aid Responsibly

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THESIS: There is a growing number of students with credit card and student loan debt at Broward College. Not all of them are conscious of the fact that their debts continue to gain interest over the years and leaves the student in a precarious financial situation if left unchecked. The students need to be informed of the methods by which they can avoid or deal with student credit card or student loan debt.
I. Students at Broward College do not even realize they are incurring a continuing debt.
A. Students at Boward College are incurring debts even before they begin working and receiving a regular paycheck.
B. Students who become aware of their student loans and credit card debt develop a fear of not being able to pay back what
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Broward University has a fast growing population of college students, all of whom seek to complete their college education based on a combination of their parent's educational fund that was set aside for them, and student loans paired with credit card charges. Although this is not the ideal method by which a student should complete his tertiary education, the harsh reality of life is that it is currently the only way a serious college student can afford to pay for classes and educational needs required to complete his requirements for graduation. As I interviewed my classmates and dorm mates about their debts, a common factor began to emerge. Most of them did not realize that they owed money and to whom. Emily (name changed for privacy reasons), is one of those students who did not realize that all the loan applications she was filling out online and receiving checks for would need to be paid for in the future. She owes around $10,000 to various lenders and institutions already. Alfred (name also changed) on the other hand, is well aware of his credit card and student loan debts. He estimates that he probably owes around $15,000 or more at this point.
Getting Loans is a College Way of Life Information I have gathered shows that college tuition fees have increased and outpaced out country's inflation rate over the

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