On the other hand, it stops people from giving stickers to a friend, then pay $30 for a new card. Now what happens when you 'lost' your bus pass?

I might have read it wrong but these cards aren't personalized right? You have to show them with your student ID so can't someone give a card to a past student who would then just show their student id

And I can definitely see students losing a separate card

Edit: just saw its a 100 replacement fee (150 after the initial)
That's a steep price IMO

Who took over the administration, York?