Credit Cards for Students?
Student advocates are saying that colleges must help protect their students from credit problems.
Colleges have allowed for years now, aggressive and often deceptive credit-card-marketing campaigns on their campuses. Credit card companies often are allowed to set up booths in campus bookstores, including advertisements for their cards in the welcome packets and are allowed to advertise on campus. Some colleges even provide the contact information of their student body to the banks and receive a fee for doing so.
What do you think?
Well, the Federation of State public Interest Research Groups is urging the administrators at the different colleges to take an active role in determining the type of credit-card marketing allowed on their campuses. The Federation believes that college students are victims of unfair credit-card-marketing practices that they think they can stop.
