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U.S. PIRG Consumer Blog
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September 05, 2009
Back to school--credit cards, books and tuition fees
A few items from the cost of college blotter--credit cards, tuition and textbooks: Over at the Atlanta Journal Constitution, Carrie Teegardin reports that Credit card companies will no longer have the run of campuses:"The on-campus credit card gantlet, characterized by free pizzas and T-shirts for every completed application, is enjoying its last hurrah before a new federal law kicks in next year." In February, PIRG-backed youth marketing requirements of the Credit CARD Act take effect, requiring that card companies verify that 18-21 year olds have either an ability to pay or a co-signer, limiting them from handing out so-called free gifts in on-campus card marketing and requiring disclosure of the details of contracts to market cards to students. More at our truthaboutcredit.org site.In the Wall Street Journal this week, Anne Marie Chaker reports that Students Borrow More Than Ever for College. More at our Higher Education pages. LA Times syndicated columnist Kathy Kristof reports via the Chicago Tribune on Cheaper ways to get college textbooks. Here's more at our site maketextbooksaffordable.org.
Posted by Ed Mierzwinski at September 5, 2009 08:53 AM
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