Texas Attorney General Greg Abbott relesed educational materials on to credit card and debt to the University of Texas at San Antonio.
The materials, created by the Attorney General’s Office, will be introduced during UTSA’s new student orientation. In 2007, Texas lawmakers passed a law requiring state colleges and universities to educate students about managing personal finances and to prevent potential debt problems.
“High-interest credit card debt is an increasingly burdensome problem for Texas college students,” Abbott said in a press release. “Like educators, parents and students, the Attorney General’s Office is committed to a Texas that offers its youngest generations a bright future that is ripe with economic opportunity.”
Watch the full-length "Money Crunch" video here.