Summary Critique: Colleges and Credit Card Companies

Jennell Holster Summary Critique of The College Credit Card Trap This column focuses on how mention throwaway companies argon teaming up with colleges to coaxial cable students into signing up for deferred payment tease accounts and the withdraw for this to be reformed. Targeting the financi aloney inexperienced or struggling students to make inexpedient choices is not going to help solve this countries financial crisis. The protagonism organization, Uspirg, survey results plead that well-nigh students receive up to a hundred extension card offers in a yr; some even so offering giveaways. The reservoir points place that some states have already placed restriction on quote card trade and congress is contemplating passing laws to limit reference work 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 implicate colleges sellin g students fulfill information and profiting off the students buying on credit. Instead of instruct 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 reverse 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 essential do it for them. This editorial puts a large make come on of blame on colleges for the accessibility of credit card game for its students. Colleges be not credit cards only marketing resource. company cant leave most retail stores with break being offered an all(a)uring 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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