People are getting offers for credit limits that are often more than 50% of their annual wages! It's crazy!
Targeting college kids, and kids just out of high school, with the "build your credit" myth is just pernicious.
Usury is illegal. But offering someone more credit than they can afford is not, as long as the terms are fair. It is buyer beware.
Yes, criticize the hell out of the credit card companies, but beware of laws restricting credit or making bankruptcy too easy.