“U of I, Iowa State Use Student Data to Sell Credit Cards”

Clark Kauffman:

Iowa's two largest public universities are aggressively marketing credit cards to their students as part of an arrangement that generates millions of dollars for the schools' privately run alumni organizations.

Publicly, the University of Iowa and Iowa State University have expressed concern over the debt of their students, many of whom graduate with $25,000 to $30,000 in bills to pay. The schools say they are trying to reduce that debt load.

Posted by Jim Zellmer at October 2, 2007 12:00 AM
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