Schools

Durbin Pledges to Work to End Campus Debit Card Fees that Send Taxpayer Funds Directly to Banks

Senator calls on colleges and universities to reexamine the costs of campus debit cards and ensure students and parents understand potential risks

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WASHINGTON, D.C.–(ENEWSPF)–May 31, 2012. U.S. Senator Dick Durbin (D-IL) yesterday released the following statement after the consumer group U.S. PIRG published a report describing troubling aspects of partnerships that colleges have formed with financial institutions to provide students with federal student aid disbursements via debit cards that carry significant fees.  The report also…

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