After lengthy negotiations, the committee led by Hock was able to persuade Bank of America that a bright future lay ahead for BankAmericard — outside Bank of America. In June 1970, Bank of America gave up control of the BankAmericard program.
The Conservative Party led by Edward Heath won the 1970 general election, and Thatcher was subsequently appointed to the Cabinet as Secretary of State for Education and Science. Thatcher caused controversy when after only a few days in office she withdrew Labour's Circular 10/65 which attempted to force comprehensivisation, without going through a consultation progress.
Charles broke royal tradition a second time when he proceeded straight to university after his A-levels, rather than joining the British Armed Forces. In October 1967, he was admitted to Trinity College, Cambridge, where he read anthropology, archaeology, and history. During his second year, Charles attended the University College of Wales in Aberystwyth, studying Welsh history and language for a term. He graduated from Cambridge with a 2:2 Bachelor of Arts on 23 June 1970, the first heir apparent to earn a university degree.