John L. Culhane, Jr.

John L. Culhane, Jr.

Ballard Spahr LLP

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Department of Education proposal on campus financial products expected in July

We recently commented that financial institutions offering financial products to college students, including debit or prepaid cards, under agreements with colleges should be planning now for the possible advent of new...more

6/24/2014 - Colleges Debit Cards Disclosure Requirements DOE Financial Products Prepaid Payment Products Students Title IV Universities

Scrutiny of campus financial products grows

The U.S. Government Accountability Office (GAO) has joined the CFPB’s call for more transparency in the area of campus financial products. Last week, the GAO issued a report on college debit cards in which the GAO recommended...more

2/18/2014 - Colleges Credit Cards Debit Cards GAO Investigations Prepaid Payment Products Universities

Is the CFPB now the BMOC?

Last week, the CFPB muscled its way on campus, announcing that it will be looking at the impact of financial products marketed to students through their colleges and universities....more

2/4/2013 - CFPB Colleges Debit Cards Higher Education Act Students Universities

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