It would also make banks investigate the financial security of the student before approving a card. Johnetta Cross Brazzell, UA vice chancellor of Student Affairs, said a workshop addressing credit card debt was offered to first year students during the Connections program last semester. Students who are exposed don't realize what they are getting themselves into, and we want them to understand the pitfalls. David Martinson, UA associate vice chancellor for Business Affairs, said the UA does not allow credit card venders on campus but does not restrict leaflets that advertise credit cards. It's a more passive form of solicitation, and we haven't prohibited the bookstore from including leaflets.
Some bookstores pass out ads for credit card companies in bags given to students.
Computing Services tries to identify solicitors and will block them if possible, he said. Some think the solution is for parents to allow students to have credit cards with a lower spending limit in order to teach them how to handle payments and learn about interest rates. Commercials advertise pre-paid credit cards to ease parental concern. However, many parents and students think being responsible is the best approach to avoiding credit card debt. I recently got a credit card to help build my credit, and you have to be responsible.