Box of Meat

The Denver Post: Colorado colleges cash in big on credit deals

“By selling coveted mailing lists that can number into the hundreds of thousands of names — and even include athletic boosters and school donors — the schools have set up a never-ending stream of revenue that takes little more than a signature to feed.  …Colleges say they’re merely helping students learn financial responsibility; banks say they’re simply offering a needed service and funding; critics contend it’s just another way to make money on the backs of individuals already burdened by an economic slump.”

27 September 2010
19:12

Box of Meat