Democrats Push Campus Debit Card Crackdown

A group of Congressional Democrats last week introduced a new legislative push to crack down on campus banking products, including student debit cards. Representative George Miller, the top Democrat on the House education committee, and Senator Tom Harkin, the chair of the Senate education committee, along with 63 other Democrats introduced a bill that would ban revenue-sharing agreements between colleges and student debit card providers. The bill would also prohibit gifts from campus card providers to college officials. Read more...