I’d rather direct from government loans. But this one takes the cake:
About 6,300 students at the City Colleges of Chicago have enrolled in a program that puts their student-loan refunds on debit cards, the Chi Town Daily News reported on Tuesday.
The catch is that students must pay a $2 fee each time they use the cards, which are issued by JPMorgan Chase. Talking with a bank teller costs cardholders $10, and checking their account balances costs $1.25, according to the Daily News.
In my university town, credit card vendors sign up students outside bars and ice cream shops.
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