Newspaper takes critical look at college/banking relationships
Is a student ID card linked to a debit card made possible by the college’s relationship with a bank hurting the students? That’s one of the questions USA Today asked in its article available here. The issues cited focus on overdraft fees charged to students and whether the campus is “promoting” these fees by selecting bank partners based on the level of financial return committed to the campus.
Meanwhile, New York Attorney General Andrew Cuomo (see story here) announced that his office is examining whether college students are being harmed by their schools’ partnerships with banks that offer debit and credit cards. ![[end]](/resources/bullet/cr80news-4.gif)
