Lanyards are a simple way of displaying identification, whether it is hung around the neck or on a wristband. The reason that identification should be displayed so that people can easily identify you is done for security reasons, as well as for a way of quickly noting who is who for organisational purposes. For these reasons they are fast becoming popular within universities in the UK.
Most universities have issued their professors and students an ID card. This ID card ranges from school to school, but will typically include the school crest, the person’s name, as well as identifying whether they are staff or student.
Having people wear these every day will ensure that security officers can tell if you should be on the campus. Often, “visitors” show up and have no reason to be on campus. To avoid these problems, security can simply look for a lanyard and continue through to bigger problems.
The displaying of identification can also help to organize people more efficiently. When there are large crowds of people, a colour coded lanyard makes it easier to determine where each person should be. There are ways to either colour code, place numbers, or other things on the lanyard so that staff can easily identify who should be where. It will also help students to locate people who have similar interests, same classes, or whether someone is a professor or a fellow student.
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Source: http://markappleton.articlealley.com/lanyards-are-becoming-very-popular-within-universities-in-the-uk-2255388.html