CFPB to hold September 30 forum on financial products marketed to college students

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On September 30, 2013, the CFPB will hold a forum in Washington, D.C. on financial products marketed to college students. In January 2013, the CFPB issued a notice asking for input on a variety of issues with regard to these products, including the information shared between schools and financial institution providers, the way these products are marketed, the fee structures for these products, how these marketing arrangements are established, and student experiences with these products. At the forum, the CFPB will present its findings based on the comments it received in response to the notice.

The forum will also feature remarks by industry, student advocates, and the higher education community about how students and schools might better navigate the financial marketplace.


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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