In 1998, credit card companies are expected to mail over 3 billion credit card solicitations to consumers. So, instead of cutting down trees and burning up the phone lines to reach college students, the credit card industry goes hunting right on campus.
College administrators are concerned.
Some colleges have banned the practice. Others have ratcheted up credit education programs. In the spring of 1998, PIRG student volunteers surveyed 1260 students at 15 representative campuses around the country to obtain information about student credit card practices. This report summarizes the results of that study.