David Bach

It should be.

You should certainly have to learn about money when you go to college because...

The amount of money that people borrow to go to college, the fact that they're not taught about how to borrow safely is just wrong.

It's just tragic.

It shouldn't be like that.

When I went to college, there were three credit card companies that met us, all the kids, in front of our dorm.

And when we were handed our student ID, there were three different lines.

One was to get a dictionary back in the day when you had dictionaries.

One was to get a sweatshirt, and one was to get a bike lock.

And you signed these forms, and then they turned around and they gave you a credit card.

And so we were a dorm full of 18-year-old kids that instantly had three credit cards each.

And then guess what we did?

We went out and used them, right?

Yeah.

And so by the time I was a junior, I was thousands of dollars in credit card debt.

I came out of college with $12,000 in credit card debt.

It was the first real financial hole I started my life in.

And I had to learn how to get out of credit card debt.

And that shouldn't have happened.

The credit card company shouldn't have been allowed on campus.