Big brainstorm about credit cards
Additionally, they say the credit cards offered to students have lower limits and more restrictions than those marketed to graduates. Some banks are even giving students the option to open debit cards in lieu of credit cards. Universities claim their relationships with banks violate no laws and bring in resources that are used for valuable programs and scholarships. In spite of those claims, there has been a movement to rein in the right to use student data when universities establish new bank relationships. The current tough financial times are hitting students too.