Paying Tuition With Your Credit Card?!?!?
I cannot believe that 1) I am posting twice in one day when I have an appellate brief going out today and 2) I received this email from Chase.
On a list of bad ideas, this is pretty far up there. I guess this must be in response to the huge jump in financial aid requests, but putting your college tuition on a credit card? Maybe it's because I finally just watched Sicko, which touches upon the crippling costs of education here in the U.S., but I could not believe this. Why are they giving students so much credit that they can afford to put their tuition on their card? What happened to the credit crisis?
I can see putting it on your card if you can immediately pay it off (just to earn points or something), but this seems to be aimed as students who, most likely, don't have that kind of cash. This just has potential to get some people into a really really bad situation on graduation.