Is Your School's Alumni Association Bank Of America's Whore?

Is Your School's Alumni Association Bank Of America's Whore?

Bank of America has been strolling across college campuses, handing out budget-propping fees to alumni associations in exchange for agreements to provide unrivaled access to a trusting and loyal customer base. The perverse agreements encourage universities to earn kickbacks by convincing their already indebted students to use school-branded credit cards to take on even more debt.