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In December, CFPB asked banks to voluntarily publicly disclose their contracts involving campus banking relationships.
Therefore, it is essential that both the CFPB and the Department of Education take action to clean up the campus banking marketplace in order to protect students.
For Mario, and for students like him across the country, it's become clear that college administrators do not have the same interests as the students when it comes to the contracts behind these campus banking products.
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One where getting STI check ups and free contraception is normalised – as everyday as popping in to the campus bank.
Since 2007, we've worked to ensure that students are protected from the tricks and traps layered into high-cost products like campus credit cards (PIRG's 2012 report, The Campus Debit Card Trap), private student loans, and campus bank accounts and debit cards.
"That's what's compelling about this issue, is how many female students there are around the state, who have very specific and real reasons to be afraid for their safety on their campus," Banks told the Associated Press, according to the Huffington Post.
Discuss on-campus banking and credit needs.
"TCF is ranked 5th largest in number of campus card banking relationships in the U.S. On December 31, 2011".
The advantage of the Google program, he said, was that it allowed him to keep his information on Google's servers so that it was accessible at any computer, whether he was working at his fraternity, a coffee shop, a campus computer bank or the library.
Students also operate campus stores, banks, and medical services.
1. Shop around, don't just use the campus endorsed bank account.
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