I’ll bet you’re wondering where this post is heading. But it’s probably not going where you thought it might be going…
The Service Employees International Union (SEIU) and the League of Young Voters sponsored a “Keep It In Your Pants” contest for all ages of students (middle school through grad school) to create a public service announcement about the threat that “Debt Disease” poses to American consumers. The winner receives $5,000.
Here’s what Stephen Lerner, SEIU Assistant to the President and Director of the Private Equity Project had to say about the contest:
Credit card debt can ruin your life, spreading and growing like a disease. We’re warning young people of the dangers of ‘Debt Disease’-and urging them to protect themselves the same way they would against any other dangerous and contagious social epidemic.
Here’s my favorite video of the five finalists:
The bottom line: As the old saying almost goes: “Better save than sorry.”