Barack Obama weighs in on college student credit

According to the Wall Street Journal's Washington Wire Blog, Sen. Barack Obama met with two dozen college students at the University of Texas-Pan American this past Friday. He discussed his proposal to offer a $4,000 college tuition tax credit with students and warned them “Just be careful about those credit cards, all right? Don’t eat out as much..." After the foreclosure crisis, he warned, “the credit cards are next in line.” In reaction to one student who talked about late-night television advertisements that promise easy loans, Obama responded, “I’ve seen those... Those ads are terrible! They’re all like, ‘Hey, this is fun! No problem!’". Read the whole story here.