If the econoimy is bad, it would make sense for this stuff not to go up in price.

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College students with no visable income getting credit cards. Then the banks come after the hard working Americans to bail their sorry asses out of the mess they created. Is it any wonder Americns are fed up with the damn bailouts.

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Come on - be fair - a LOT of college students have at least part -time jobs. Did YOU have to put yourself through college? And can they face this rotten job market without at least a BA? No, I don't like the bail-outs either but life is tough on all of us. I worked my way though college and it wasn't easy. And bailing out the banks is the ONLY thing that has ever worked! If it doesn't work this time, we are ALL big trouble.

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What if antiglobalists put Wall Street criminals on trial, live on the Internet? See http://thewashingtonwatch.com/bookreviews/triplecross/banner/

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Well it was a slightly different time, but I didn't have a credit card until I graduated and had a job. This is ridiculous.

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For those students who don't have or cannot get a credit card, be grateful that you're not one of the millions of people drowning in debt. If you're not working, you shouldn't even be thinking about getting a credit card. Maybe if college kids would postpone college, work for a year or two and put some $ aside, then maybe the price of going to college might come down.

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This is sad news. Credit card companies are like drug dealers. They exploit the young students and take them in like an octopus. The students have big dreams of making mass quanities of money, and that they will be able to pay off those cards when their ship comes in soon after they graduate. They do not see the reality of our post NAFTA economy. Those students should have money to pay for college before going now days. They should go part time at community colleges and work at McDonalds to curb the expenses. They need to be taught young that the economy is all an illusion and the smoke and mirrors that hid that are now broken.

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We need to correct the notion that credit cards equal debt. If you pay off the balance in full each month, you never pay a finance charge. The credit card is nothing more than a convenient substitute for cash. A good rating is essential and you can't get one unless you borrow--successfully. I set my 18 year old daughter up by going online and filling out an application for her. I didn't tell her. When the card came, I used it and paid the bill every month for two years. During her junior year of college (now 21)she moved into an apartment and she needed to get gas, electric, cable and phone. She didn't have to put a deposit down for any of them because she had a credit rating of 780. This saved us a lot cash on the initial outlay. I gave her the card, told what I'd done and told her it was her job to keep it going well. She now has a four year spotless credit history. Potential employers check your credit as do car insurers. The rule of credit cards is simple--pay them off in full every month. You should only extend payments if you have a genuine emergency like the furnace breaks. A new pair of shoes doesn't qualify.

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Yes, the country is already in Big Trouble with getting banks bailout, but be glad you can not get credit cards. The interest rates are way too high anyway. Just get something you can do in your dorm room on your computer, helping people using your mind and realizing with this to be able to pay your college bills and have lots of spending money too. Later for those credit cards. www.everyonebenefits.com/rms

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The colleges and educational system in this country are a disgrace! Our children deserve (that's right!...DESERVE!!) a good education without having to put themselves and their parents in the poor house. Our children scrimp and go without to try and advance themselves, while the Government pisses taxpayer money away like water....And then when these kids get out into the real world...(already buried in debt from paying tuition)...there are no jobs for them!!...thats a load of CRAP!!.Our so-called "leaders" and the government they run should be shot as traitors to this nations future!

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My son is now a sophmore in college. When he left I told him that if he got into credit card debt it would be his responsibility to get out it and that you should live within your means and do without if you cannot afford to pay cash with it..He did get a bank card (attached to his checking account) that allows him $300.00 in overdraft protection. So far so good, I havent received any credit card bills in his name so I think he paid attention to my advice. But he is fortunate,we live in NY and SUNY's are good colleges and reasonable. After saving his whole life for colIege, I am fortunate enough to put him through 4 years without relying on grants or loans so he is ahead of the game

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Um, no. When the average college student decides that they don't want to be stuck with an average of $23,000 in STUDENT LOAN debt, then college costs will come down to earth. INteresting that the study comes from SLM Corporation ("Sallie Mae"), whose CEO, Albert L. Lord, just built himself a $30 million, personal golf course in the Maryland suburbs.

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These same kids that have mounting credit card debt are the ones who are the children of those adults who on average have $10,000 to $20,000 of credit card themselves, have a backwards mortgage, 2 new cars with car payments and not a thin dime in savings. These are the ones, who if they lose their job, they will be on the streets. Our schools don't teach basic financing. It's up to the parents to teach it. My daughter was in college 15 years ago. The credit card company gave her a card during orientation. It started with a $300 limit and by the time she graduated it had a $6,000 limit. She had no job, no income and no credit history. If the government is so eager to regulate something, this is something that needs to stop. If these kids think they're going to graduate and, with no experience, get a high paying job to pay off this card, boy are they in for a rude awakening. Either that, or their parents are going to be stuck with one more financial burden.

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It's this type of gloomy news that prompted the Compliment Guys at Purdue to begin their campaign

http://www.youtube.com/watch?v=QShPNcjgtfs

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If you were in college in the late 50's and early 60's, you'll recall how tobacco companies used tactics similar to those the credit companies have used. Gullible teenagers were offered easy access to adult activities. Meanwhile collegiate administrations, then and now, turned a blind eye. H-m-m Kickbacks anyone?

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GET A JOB. Instead of attending beer bashes, playing PS or computer games, or just plain sitting on butt doing nothing, seek employment part time and cut down on the free loading on your parents. Wow what a good idea. No, it was taken from the past where at one time college students actually worked while going to school and got full time jobs for 2+ months in between school years. Now there are beaches that have to close because of no because that job was a popular one at one time for college students. Landscapinjobs were filled by HS and Collegestudents during the summer, now done my Mexicans at a higher cost than what were paid to college students, but they do work much harder than a college student with a hangover. Closing word-stop free loading and get a job

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Credit Cards is not really good especially for the College Students but it depends on the lifestyle of the person. Edward Buffet one of the richest in the world share that avoid credit cards because it will not make you rich and I believe him. If you are looking for an extra income, try to donate a blood and get paid $50/hour to donate blood!. As we all know, we are in the middle crisis right now and being a donor and get paid really helps for our daily needs.

http://bloodbanker.com/

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Even worse than credit cards, are student loans. You can't declare bankruptcy on those, if you suddenly become too ill to work, or lose a job and can't find another one, or can't even find one for what you went to college for. I went to college, like I was told to by many, many, "wise" teachers and other adults. I graduated in 2005, with a virtually worthless degree and am currently unemployed, with $20,000 in student loans. No experience=no job. I wish I had been told the TRUTH sooner. Unfortunately, while attending highs chool, I was brainwashed by all the teachers there-go to college, at any cost! What a bunch of ill-informed liars! And I fell for the lies...

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