Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello

تمرين 51

University Ethics
Ethical dilemmas often face university and college administrators as they attempt to provide students with services and products to make college life easier. For example, the University of Minnesota and University of Illinois issue "U Cards" to students. A U Card is a multipurpose ID that serves as a library and security card. Students have the option to open a checking account and use the U Card's debit and ATM features. The University of Minnesota has a contract with TCF Financial Corporation by which TCF Bank pays for the cards and also makes other contributions to the university (e.g., a contribution of $35 million allowed the new football stadium to be named the TCF Bank Stadium).
Critics believe universities have a problem that stems from considering every point of contact with students as a potential profit center for some business activity. They contend these types of deals are fraught with potential conflicts of interest. For example, recent scandals have occurred in which university financial aid officers were caught accepting free meals, tips, and shares of company stock.
Instructions
With a team of students as initiated by your instructor, write two paragraphs about the U Card. The first paragraph should consider the ethical implications (positive and negative) of the use of U Cards. In the second paragraph, identify the position of your group about whether it would be appropriate for your school to implement a U Card system.