Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
University Peddling Credit Cards
Old 06-30-2007, 09:57 AM   #1
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
TromboneAl's Avatar
 
Join Date: Jun 2006
Posts: 11,197
University Peddling Credit Cards

DD goes to Washington University in St. Louis, and this came in the mail for her today:

WashUCreditCardOffer.jpg

It strikes me as wrong that the university should be lending it's name to commercial things like this (this isn't the first junk mail that's arrived with Wash U's return address). I'm not saying that credit cards are bad, I just don't think the university should be selling things other than an education.

Is it just me, or is this sleazy and cheap?
__________________

__________________
TromboneAl is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 06-30-2007, 10:14 AM   #2
Thinks s/he gets paid by the post
 
Join Date: Feb 2007
Posts: 1,015
The university isn't lending its name -- it's selling the mailing lists of student names to the CC company for big $$. At least this mailing is for a reasonable rate CC...my daughter got one mailing while at her school for a CC that could potentially have a rate of nearly 35% (this is not a typo...THIRTY-FIVE PERCENT!) We called and complained to the university and they basically said they viewed it as an opportunity for the students to begin developing credit in their own names. Yeah, right.
__________________

__________________
Achiever51 is offline   Reply With Quote
Old 06-30-2007, 11:25 AM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
mickeyd's Avatar
 
Join Date: Apr 2004
Location: South Texas~29N/98W
Posts: 5,881
Quote:
Is it just me, or is this sleazy and cheap?
Awww, look at it this way Al, Washington U is just trying to keep the cost of your DD's education as low as possible by going commercial. You believe that, don't you Al?
__________________
Part-Owner of Texas

Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. Groucho Marx

In dire need of: faster horses, younger woman, older whiskey, more money.
mickeyd is offline   Reply With Quote
Old 06-30-2007, 11:41 AM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2006
Posts: 11,017
No doubt your DD is being exposed to many more questionable ideas at University, in the cause of academic freedom. Hopefully your good example and financial coaching over the years have given her a healthy skepticism towards such worldly temptations!
__________________
Meadbh is offline   Reply With Quote
Old 06-30-2007, 12:07 PM   #5
Thinks s/he gets paid by the post
bright eyed's Avatar
 
Join Date: Jan 2007
Posts: 1,891
well, i'm sure she's dodged the many tables offering free shirts, m&m's etc - those poor shirtless, treatless college kids are vulnerable to those tantalizing offerings! she might just decide one day, walking home from class, she needs a sugar fix, or snazzy aluminum mug...you never know...
__________________
If i think of something clever to say, i'll put it here...
bright eyed is offline   Reply With Quote
Old 06-30-2007, 12:24 PM   #6
Moderator Emeritus
Nords's Avatar
 
Join Date: Dec 2002
Location: Oahu
Posts: 26,616
Quote:
Originally Posted by TromboneAl View Post
Is it just me, or is this sleazy and cheap?
Naw, just cheap. They really didn't want to take this step, but they had to resort to this tactic after they re-evaluated your stellar financial assistance request letter.

However if every student & alumnus contributes to their fund-raising campaign then next year's fund-raising campaign will upgrade to American Express.

Sleazy would be their football team playing in WUSTL Mastercard Stadium with the little twin-circles logo on their helmets...
__________________
*
*

The book written on E-R.org, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
Nords is offline   Reply With Quote
Old 06-30-2007, 12:45 PM   #7
Thinks s/he gets paid by the post
 
Join Date: Jul 2005
Location: Minnehaha
Posts: 2,375
Quote:
Originally Posted by TromboneAl View Post

Is it just me, or is this sleazy and cheap?
Oh Al, come on don't be so hard on yourself. You are not that sleazy and you are not that cheap

__________________
MinnesotaEats - www.goodfoodmsp.com
Danny is offline   Reply With Quote
Old 07-01-2007, 09:19 AM   #8
Thinks s/he gets paid by the post
Coach's Avatar
 
Join Date: Nov 2005
Location: Colorado, USA
Posts: 1,127
Quote:
Originally Posted by TromboneAl View Post
Is it just me, or is this sleazy and cheap?
I'm with you Al. But I'd guess more colleges and universities have affinity cards than don't, and at least Wash U is a fine school.

Coach
__________________
Coach is offline   Reply With Quote
Old 07-01-2007, 08:28 PM   #9
Thinks s/he gets paid by the post
 
Join Date: Jan 2004
Posts: 2,049
Quote:
Originally Posted by Nords View Post
Sleazy would be their football team playing in WUSTL Mastercard Stadium with the little twin-circles logo on their helmets...
Isn't the UW stadium or athletics center named Mastercard Husky something-or-other? I know we have some Seattle people on this forum who can tell us.
__________________

__________________
eridanus is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Anybody need an extra $2500 a month ;) CybrMike FIRE and Money 5 06-04-2007 09:47 PM
Best Bonus for Credit Card Expenitures -Frequent Flyer cards or Cash-back card? ScaredtoQuit FIRE and Money 19 04-21-2007 04:29 PM
close unused credit cards or keep open? bright eyed FIRE and Money 13 03-06-2007 09:40 PM
Credit Cards and Credit Matuski Other topics 21 08-14-2006 01:40 PM
Credit Cards, Debt, and Bankruptcy Eagle43 FIRE and Money 68 03-21-2005 07:25 AM

 

 
All times are GMT -6. The time now is 03:17 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.