There have been a number of credit card regulations that have been implemented this year that benefit college students.  Here are several highlights.

• Credit card applicants under the age of 21 will now be required to have a co-signer, such as a parent or other adults over the age of 21.  If the young adult is under 21 and wants to apply independently they will need to be able demonstrate some proof of income or employment to assure credit card companies that they can handle paying off their credit card on their own.  This new provision helps to ensure that more people are held accountable for making sure credit card bills are paid on time….which is a good thing.
• Credit card companies can no longer hand out free stuff (pizza, t-shirts, meals, etc) to students on campus in hopes of incentivizing them to apply for a credit card.

Universities and colleges have to fully disclose any marketing or promotional agreements they may have with credit card companies.  As part of this disclosure, the disclosure must clear state how much money the school is making off any marketing campaigns with credit card companies.