GAO: Changes Needed For Student Debit Cards Offered By Colleges, Universities

Parent Cafe
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<p>"Going to college comes with a new set of responsibilities for students, and one of those responsibilities is being in charge of their own finances. What better way to impart a lesson in finances than giving them access to federal student aid on a prepaid debit card? As the use of such cards is growing in popularity at universities and colleges, advocates are calling for more oversight to their use." …</p>

<p><a href="http://consumerist.com/2014/02/14/gao-changes-needed-for-student-debit-cards-offered-by-colleges-universities/"&gt;http://consumerist.com/2014/02/14/gao-changes-needed-for-student-debit-cards-offered-by-colleges-universities/&lt;/a&gt;&lt;/p>

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<p>GAO report? Slow news day, Dave?</p>

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<p>Ha. Hhahahahahahaha. Haha. No</p>

<p>Clearly this reporter has never been on CC where a substantial number of parents are horrified at the thought of their precious adult babies handling their own finances.</p>

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<p>There’s an article in the NY Times on this topic:
Checking the Fairness of College-Provided Debit Cards
<a href=“Checking the Fairness of College-Provided Debit Cards - The New York Times”>The New York Times - Breaking News, US News, World News and Videos;