Summary Critique: Colleges and Credit Card Companies

Jennell Holster Summary Critique of The College Credit Card Trap This pillar focuses on how mention throwaway companies argon teaming up with colleges to gibber students into signing up for deferred payment visiting card accounts and the withdraw for this to be reformed. Targeting the financi aloney inexperienced or struggling students to make inexpedient choices is non going to help solve this countries financial crisis. The protagonism organization, Uspirg, survey results express that well-nigh students receive up to a hundred computer address card offers in a yr; some crimson offering giveaways. The reservoir points place that some states have already placed restriction on recognition card market and congress is contemplating passing laws to limit book of facts lines and the number of credit separate for college students. The government has not only put restrictions on arrangements between colleges and credit card companies. These arrangements implicat e colleges selling students butt on information and profiting off the students buying on credit. Instead of precept money management and responsibility the schools be making a profit off the students being naive. The author asks that the least colleges could do is work with credit card companies that be fair and straightforward. Colleges should deflect companies with hidden fees, horrible rates and reasonless penalties.

This article is summed up well in its last line, Schools need to reform their credit card practices. If they dont bowel movement quickly, lawmakers moldiness do it for them. This editorial puts a large make proscribed of blame on colleges for the accessibility ! of credit card for its students. Colleges ar not credit cards only marketing resource. familiarity cant leave most retail stores with discover being offered an whollyuring credit card deal. Advertisements for credit cards are on TV, on the radio, in the mail and emails all offering great rates and tempting perks. Is it a colleges duty to teach students how to make wise credit card choices or should parents/high schools prepare children for...If you want to get a full essay, order it on our website: BestEssayCheap.com

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