Many students enter college armed only with credit cards provided by their parents. At some point during their studies, however, students may decide that they need their own credit cards. They can use credit cards to build good credit history in college, while also learning how to manage their own finances.
Unfortunately, it doesn’t always work out this way. College students often have trouble controlling their spending, and end up with mounting credit card debt while still enrolled in school. Young adults should view student credit cards as a means to learn sound financial habits that they can use long after graduation.