Curbing Credit Card Marketing to Students
Michael Gormley of the AP writes about the issues associated with students and credit card debt.
The New York Legislature this week passed a measure that would prohibit the deluge of credit card offers on campuses and requires some consumer education. Nine other states - Arkansas, California, Hawaii, Illinois, Louisiana, Missouri, New Mexico, Virginia and West Virginia - have passed restrictions or required studies of credit card solicitation on campuses this year, according to the National Conference of State Legislatures. Seven other states have pending proposals.
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