NYT Article

http://www.nytimes.com/2008/10/18/opinion/18sat2.html?ref=opinion

The article that I find interesting for a research paper is from the New York Times and is called The College Credit Card Trap. This article caught my attention because of its outrageous claims. According to the article, the reason that students are in so much credit card debt is because of the mass soliciting of the credit card companies on campus. Whatever happened to teaching your kids to be financially responsible? This is a capitalist economy; it is to be expected that credit card companies will advertise – that is their job! I have a credit card and I responsibly pay it off every month. I would research this topic further to see just how much advertising really affects students by looking up articles written on campuses and in national papers. Also, I could research facts about adult credit habits to compare because I doubt adults are much more wise about credit. This is an important topic because citizens need to realize that they are responsible for themselves. It is a common trend to request regulations and government intervention, such as advertising regulations on campus. Although, it is also a common trend to complain that there are too many right restricting regulations out there. You cannot have your cake and eat it too. I am sure thousands of students and millions of people have credit cards, and they need to realize that they were not forced to apply for them. Even if they were, they were not forced to buy those “oh so cute” outfits.