prepaid card

Let the Department of Education know that students should have safe banking options on campus

Many colleges enter into marketing agreements with banks to promote their banking services on campus, often in exchange for financial benefits for the schools. These agreements may include provisions requiring students to receive federal aid disbursements on the banking partner’s prepaid or debit cards. According to the Government Accountability Office, at least 852 schools have agreements to provide debit or prepaid cards to their students.

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