March 14, 2014
On March 6, amid growing concerns that schools are receiving kickbacks from banks selling products and opening branches on their campuses, students at 20 campuses around the country delivered letters to their school’s administrators asking for increased disclosure about the details of these partnerships. Currently, colleges and universities are only… Read More»
Tags: and Disclosure Act, banks, campus, campus partnerships, campuses, CARD act, CFPB, college, college loans, consumer financial protection bureau, Credit Card Accountability, debt, Responsibility, schools, student debt, students, university
February 19, 2014
Have you ever suspected your school is receiving kickbacks from banks in exchange for promoting their products and services on campus? Turns out, they probably are. Last week, the Government Accountability Office (GAO) released a report expressing concerns over such partnerships between banks and universities, and they’re not alone. In… Read More»
Tags: campus partnerships, CARD act, CFPB, college loans, consumer financial protection bureau, credit cards, debt, Government Accountability Office, student debt, students
