Briefcase: Credit Cards and College Students

An interview with Associate Professor Jim Hawkins


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Despite regulation, studies show credit card companies still heavily target college students. Associate Professor Jim Hawkins with the University of Houston Law Center has conducted research in this area and sees several problems.

"My survey found that students are continuing to receive pre-screened credit card offers in the mail and companies continue to market to students both on and off campus. Moreover young consumers are still qualifying for credit cards without really showing that they can repay the debt," he said.

Hawkins offers this suggestion. "We've learned a lot from this new credit card law and it's probably time for congress to revisit the topic and close some of the loopholes that students and credit card companies have found in the law."