Business Services Industry
Unrestricted Credit-Card Marketing Hurts College Students, Group Says.
Knight Ridder/Tribune Business News, November, 1999 by Tarter, Steve
Knight Ridder/Tribune Business News
Nov. 16 -- PEORIA, Ill. -- Jason Flagg is a student at Bradley University who feels he's already gotten an education.
Flagg has learned about credit cards in a lesson that has come outside of class.
Now a junior, Flagg ran up bills totaling almost $4,000 before seeking the help of a credit counselor earlier this year.
"The average starting salary for a college graduate is $24,000. Since the average graduate owes $14,000 in college loans, what they don't need is another credit card," said Amber Harmon of Consumer Credit Counseling Service of Central Illinois, 719 Main St.
But credit cards aren't hard to get if you're a college student. They come in the mail, pop up on the Internet and are...
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