The Consumer Financial Protection Bureau has announced that it is beginning an inquiry into the arrangements between colleges, banks and debit card companies, reports Inside High Ed. The announcement is the latest indication that federal agencies and Congress are taking an increased interest in how debit cards are used to access federal financial aid. The bureau is asking for input on a few separate topics: debit cards supplied by companies like Higher One, which give students the money ...

Register to view this Article

Why Register for FREE?


Registering for Premium Content on Food Management will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. 

Already registered? here.