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GOOD DEBT EXISTS FOR WISE STUDENTS BAYLOR UNIVERSITY THE LARIAT ONLINE
Sept. 3, 2010By Sara Tirrito Staff writer Debt begins in college for many students because loan options and credit card applications abound. The problem is that many students are unaware of the responsibilities that come with either. However, the Credit Card Accountability, Responsibility and Disclosure Act, which went into effect in February, has some specific provisions for those under 21. Under these provisions, companies are no longer allowed to issue cards on college campuses, and applicants are required to either show that they have sufficient income to pay the bill each month or have a co-signer before they are issued a credit card. Go to source web page for full content: Good debt exists for wise students Baylor University The Lariat Online
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