Sunshine for Campus Debit Cards?

By Michael Stratford. U.S. consumer protection officials on Tuesday called for financial institutions to publicly disclose their agreements with colleges to market debit cards and other products to students. The arrangements -- which have increasingly come under scrutiny from consumer advocates, federal agencies and lawmakers -- often involve financial companies paying colleges to offer institution-branded student ID cards that double as a debit card or separate debit cards that students use to gain access to their federal financial aid money. Read more...