On campus student credit card promotions to stop
On campus student credit card promotions to stop!
By: Anonymous Student
On campus student credit card promotions with their application incentives are expected to end any day.
Students are being asked to boycott them in protest so our voice can be heard. A petition is circulating the internet and you’re reading it.
At some point students will eventually need a credit card, but when we are ready. So we are are staying away from the stinky on campus credit card salesman.
Only half of today’s dependent undergraduates (56%) owned one credit card in
2003-04. Of those student card holders, only 41% carried a balance from month to month, with a
median debt of $1,000. 25% had debt exceeding $2,500. Source: “Credit Card Ownership and Behavior Among Traditional-Age Undergraduates 2003-04,” The American
Council on Education, July 2006.
What’s really wrong here? It’s not 2006 anymore. In fact, 2008 is nearing a close and bright college students are being referred to as college kids in the mainstream media. I got in to college because of my mind and my hunger for education. Experts don’t have my credit usage statistics yet, but later on when they do I think they’ll prove to be surprising. I’m convinced Knowledge is the key to unlock all unknowns including how to properly use credit as a tool. We will not repeat the financial mistakes of the generations before us. I’m not going to screw up my financial reputation, Im going to elevate it. We’re former high school kids who were accepted to major universities and are now thriving in college. I feel disrespected by the student credit card companies just being on my campus. Student Credit Cards: TV and Media overreacts with their coverage and online news sites presenting credit card story pieces to inform us of things we already know, then they have ads for student credit cards surrounding their entire news articles. That’s old school thinking. I already feel bad enough for the baby boomers and late generation X’ers who misused their credit cards and are losing their houses right from under their feet.
Change is on the horizon. These credit companies won’t be marketing on campuses for much longer. My friends and I ignore them, unofficially boycotting the credit dinosaurs. See if we all boycott them they will go away. Remember the shakedown from the student loan scandal? If there are money transactions taking place between colleges and credit card companies, I hope an attorney general exposes it transparently. I’m part of Gen.E, a generation wired differently than those of the past. I rapidly learned about “want vs. need” credit spending. We do almost everything online. I learned about credit online at StudentCreditCards.com. I applied for a student credit card there at my own convenience.
StudentCreditCards.com is a simple website. It provides the top student credit cards to compare and apply. I think the reason it has become so popular so fast is because its neutral turf. It offers no incentives. Students seek and search for student credit cards when they need one. Estimates show hundreds of students a day seek student credit cards by searching for them on popular search engines. These young adults made it in to college via their thirst for knowledge. They are intelligent individuals that were admitted to competitive educational institutions and deserve a little respect, as a little credit education will take them a long way. StudentCreditCards.com saves trees and is a proactive step toward ridding college campuses of credit card marketing.
I told my grandmother that living online forces you to learn fast and think faster. This is why I believe in our E-Generation when it comes to credit usage. She’s been doing her mind exercises on her computer but is still scared of actually getting online. She promised me she would let me teach her how to surf the net if I would stand up to something that bothered me, hence this boycott of on campus distractions. So please pass this on to a few students. I believe gen.e deserves a little more credit and respect. Pardon the credit pun.
Student credit cards.com @ August 24, 2008