RESOLUTION 96

A RESOLUTION TO BE ENTITLED

An act to limit credit card solicitation to one location and provide for credit card education

WHEREAS,   Many students enter college without credit cards or proper education on credit card use; and,

WHEREAS,   The average student graduates college with approximately $2,200 (according to Nellie Mae) in credit card debt; and,

WHEREAS,  Credit card debt can severely hamper a student’s ability to obtain future credit and loans; and,

WHEREAS,  Proper education and usage of credit cards can help a student establish a sound credit history; and,

WHEREAS,  Many student organizations, banks, and vendors solicit students to sign up for credit cards during the academic year; and,

WHEREAS,  The solicitation process often includes an exchange of a gift as an enticement for a credit card application; and,

WHEREAS,  The credit card solicitation process occurs in multiple locations throughout the University; and,

WHEREAS,  The solicitation tables provide hindrance to pedestrian travel throughout the campus; and,

WHEREAS,   The Student Legal Services of North Carolina State University provides information on credit card counseling; and,

WHEREAS,   Education and information about credit card use will help reduce the amount of debt that students have at the end of college; now, therefore be it

RESOLVED,  that the North Carolina State University Student Senate calls for only one location to be permitted for credit card solicitation on Main Campus; and, further be it

RESOLVED, that the North Carolina State University Student Senate calls for all groups distributing credit card applications to give all persons applying for a credit card credit education information provided by Student Legal Services; and, further be it

RESOLVED, that the North Carolina State University Student Senate calls for the publication cost of the credit card education information paid by the groups distributing credit card applications.