The recently-passed credit card reform bill is a supposed effort to protect us poor, naïve students from being exploited by the big, powerful credit card companies preying down on us — but honestly, this bill stinks of exactly the kind of paternalism most of us have outgrown by the time we’re in college.
Bill is a chance to reevaluate American Dream
The Senate credit card bill had overwhelming bipartisan support, and passed 90-5 on Tuesday. The reason this bill passed could be a direct result of the involvement of the American public in the political process.