Business Publication #1 - Denver Post

http://www.denverpost.com/business/ci_13337622

I read an article in The Denver Post, "Credit-card companies making a final campus drop," that was quite interesting. In the article it explained how there is now a new policy that will be enforced in February that will ban credit-card companies from trying to "recruit" college students to their cards. Some campuses have already lost the credit-card advertisers simply because of the economy. However, many campuses believe that until February, there is going to be a high amount of credit-card companies that are going to try and retrieve as many students as possible until the policy will take effect. This seems as though it will be an excellent policy because new college students, specifically freshmen, are the targets for these companies. Without proper knowledge, and just the fact that these students are naive, many are going to agree to getting a piece of plastic that will put them in debt for the rest of their lives. That's what credit-card companies want, they would love for these new card-holders to constantly be in debt, because they are making more money. With this policy going into effect, students are not going to be as susceptible to these credit companies, and they will be able to make a wiser decision as soon as they are old enough to get the credit-card.