Carson JeremaUniversities make big bucks on student credit cards
Bank of America pays $8.4m for Michigan State students' names and addresses
One wonders about the extent to which Canadian post-secondary institutions have these types of arrangements with credit card providers:
Bank of America’s relationship with the university extends well beyond marketing at sports events. The bank has an $8.4 million, seven-year contract with Michigan State giving it access to students’ names and addresses and use of the university’s logo. The more students who take the banks’ credit cards, the more money the university gets. Under certain circumstances, Michigan State even stands to receive more money if students carry a balance on these cards.
Hundreds of colleges have contracts with lenders. But at a time of rising concern about student debt — and overall consumer debt — the arrangements have sounded alarm bells, and some student groups are starting to push back.
The relationships are reminiscent of those uncovered two years ago between student loan companies and universities. In those, some lenders offered universities an incentive to steer potential borrowers their way.
the officer was walking back to his car and he was harassed...he did his job...I wish people would stop saying ...
I would agree with Mr. Tennants statement that the colleges have nothing to lose. And this, in my opinion ...
Please see this report
http://uofowatch.blogspot.com/2010/01/new-vp-governance-diane-davidson-and.html
about the University of Ottawa's extensive COVER UP of its 2006-2008 covert surveillance campaign against me and ...
I didn't forget anything...Full-time faculty will have a new max. of $102,000. We have that thrown up to us ...
Regarding the partial load hourly rate for faculty -- M. Tennant, you forgot to mention that most part-time faculty are ...
