As it stands student debt is approximately $492 billion dollars according to this source. As costs of education increases, is it no surprise that credit card companies are getting more aggressive and putting students further into debt by offering them easy access to cash?

It shouldn’t shock any readers to know that credit card companies routinely skirt around rules set by campuses. Honestly, why does feel like credit card merchants are like used car salesmen or pimps?

Forget that…. I mean even pimps and used car salesmen wouldn’t be this aggressive (well… maybe used-car salesmen):

At Columbia University in New York City, the school banned credit card solicitations on campus. But a spokesman says the prohibition may not be that effective because the card companies set up “right outside the gates” to the school grounds.

As well, their remarkable logic to assuage students fears:

After arming the students with a bundle of T-shirts and credit card applications, the Citibank representative, according to Rhoades, told the group how to assuage any concerns a student might have.

“He told us phrases to tell students if they were skeptical about filling out an application,” says Rhoades. “He told us to say things like, ‘Even if you apply, you can always cut up the card,’ and ‘It’s easy to pay off your balance once you graduate and get a great job.’”

That’s true… I wouldn’t mind a credit card…. Hold On!!! what did he say?!?! FREE T-Shirt!!!!

There truly is nothing more alluring in this world than a free t-shirt.

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