2010 legislative session
Will a new law protect students from predatory credit card companies?
Alicia Elgar got her first credit card before she headed off to college. She quickly maxed it out and, $5,000 in debt, found another offer poking out of her mailbox midway through her junior year at the University of New Mexico. The 23-year-old biology major is $9,000 in credit card debt, swimming in student loans, working two jobs and trying to finish her degree.