GAO Urges Debit Card Changes

By Michael Stratford. The U.S. Government Accountability Office on Thursday urged federal policy makers to tighten the regulations on campus debit cards and require disclosure of the agreements colleges have with the companies that offer such products. The recommendations, which were part of a 15-month Congressional study of campus debit cards, were released less than a week before the Education Department is set to begin negotiations over its regulations that govern the cards. Read more...