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Levick Monthly - September, 2014, Edition 14: GMO's: A Spoonful Of Sugar Helps The Medicine Go Down

In This Issue: - GMO's: A Spoonful Of Sugar Helps The Medicine Go Down - PUBLIC AFFAIRS - Campus Sexual Assault: Can Congress Compel Colleges To Act? - CORPORATE & REPUTATION - Police Militarization: The Problem...more

CFPB Pressures Banks To Disclose Campus Marketing Agreements

On August 6, the CFPB’s Student Loan Ombudsman, Rohit Chopra, published a blog post addressing the financial arrangements between financial institutions and institutions of higher education that market financial products to...more

CFPB Focus on For-Profit Educational Providers Intensifies

The for-profit educational giant ITT Educational Services, Inc., recently revealed in a filing with the Securities and Exchange Commission that it is the target of anticipated legal action from the Consumer Financial...more

The CFPB Requests That Agreements Marketing Financial Products to Students Enrolled in Institutions of Higher Education be...

As a follow up to its initial inquiry earlier this year, the Consumer Financial Protection Bureau (“CFPB”) is alerting financial institutions about the “potentially risky practice of making secret payments” to colleges and...more

CFPB calls for public disclosure of campus financial product marketing agreements

The CFPB wants financial institutions to post on their websites their marketing agreements with colleges and universities for financial products other than credit cards, such as deposit accounts, prepaid cards and financial...more

FTC Revises Vocational School Guides

The Federal Trade Commission has revised its Guides for Private Vocational and Distance Education Schools, generally referred to as the “Vocational School Guides” (Guides). The Guides are intended to advise businesses that...more

Legislation of Interest to Higher Education Institutions: Students

KMTG is continuing our series reviewing new legislation. Unless noted otherwise, the new laws take effect January 1, 2013. SB 1349 adds sections 99120, 99121 and 99122. Section 99120 defines “social media”. This bill...more

How For-Profit Colleges Should Respond to Senate Criticism

The U.S. Senate Committee on Health, Labor, Education, and Pensions has come down hard on for-profit colleges and universities with a report titled “The Failure to Safeguard the Federal Investment and Ensure Student...more

CFPB and State Attorneys General cooperate in military arena

The investigation that led to the settlement announced last week among 20 State Attorneys General and QuinStreet, Inc., the owner of a website that markets educational institutions to military servicemembers and their...more

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