Student Bad Checks
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loss. We rely heavily on the identification given by a student ID card. We can stop this problem now by checking for the summer session receipt," he said.
McNARY EXPLAINED why students create a special credit problem. "Students are poor bookkeepers. They too often depend on parents to make the deposits. To several students a notice of an insufficient fund check is no more serious than a parking ticket. I think much of it is a lack of responsibility.
ACCORDING TO the Douglas County Attorney's Office, bad checks are only turned into the Sheriff's office for criminal prosecution. Too often, however, merchants are not after a prosecution, but only want their money. This is especially true of bad checks written by students, because the amount of a student check is usually small.
James Glenn, manager of Rusty's IGA in Hillcrest, agrees that second party checks are the worst part of trying to recognize student credit. The reason, Glenn explained, is that the County Attorney will not handle a second party check. When a clerk initials such a check, the store is saying it will make up for the loss if the check is no good, he said.
"STUDENTS ARE not a special credit problem. The percentage of checks which bounce is small, and most of them usually clear a second time through. The state check laws have made the situation so it is not difficult to collect
Daily Kansan 9
Thursday, January 13, 1966
on a bad check. These laws are becoming even more rigid. Also, the University is more cooperative," he said.
Students are generally a reliable group, and are treated no differently than anyone else, Jack Hughes, assistant manager of Penney's Department Store, said. The store will usually cash any check within reason and depend-
student checks is not significant; yet, in terms of time and effort, the loss is substantial. It is impractical to track down a small check. The problem wouldn't be helped any if the student's account was switched to a local bank. Daddy is most often responsible for keeping the account balanced, so it is easier for him if the money is at home," he said.
Stores in Lawrence and manager of the Dillon's Plaza store, the student too often does not keep up his account. "He just forgets. No one has worse fiscal integrity than the student. We are the very best of friends with the student. We treat him as such, and he reciprocates that friendship," Raney said.
"There are two kinds of checks that bounce; insufficient account, and no account at all. We get very few of either kind from students. The real problem now seems to be stolen billfolds and student ID's," Hughes said.
ing on the identification, Hughes said.
"THE MONEY LOST from bad
According to Dick Raney, owner of the three Raney's Drug