Credit card debt is becoming a problem that is not going away.

Associate economics professor Susan Porter-Hudak said credit card companies began to worry when they had to deal with unpaid bills.

“There has been a lot of talk about credit cards being the next problem in the economy,” she said. “Concerns first started when companies had to go after people for not paying their debt off, which is what has been happening a lot more recently.”

Porter-Hudak said financial issues are one reason why the situation with debt has gotten worse.

“People have their assets tied up in stocks and in house payments,” she said.

She also added that losing jobs is another problem when it comes to paying off debt.

“If someone gets laid off, they won’t have as much money causing them to delay paying off their credit card bills,” Porter-Hudak said.

Porter-Hudak said another problem that is being faced is students being in debt with their credit cards.

“Students tend to overuse them a lot, because they don’t have very much income,” she said.

Senior sociology major Dan Jaster said although he currently doesn’t face any debt setbacks, he is worried that he couldbased on his current job situation.

“If my job was affected by having my hours cut, paying of my credit card bills… would be a problem for me since I wouldn’t be making as much money,” Jaster said.

Sophomore sociology major Ted Campbellsaid he has barely been able to pay off his bills.

“Money has been a problem for me, but I’ve always managed to pay off my bills close to when their due,” Campbell said.

Porter-Hudak said students should inform themselves as much as possible about credit cards to lessen this ongoing issue.