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Prepaid Payment Products Department of Education

McNees Wallace & Nurick LLC

Department of Education Cash Management Regulations To Become Effective

Final regulations promulgated last year by the United States Department of Education (the “Department”) become effective July 1, 2016. The Department stated that the purpose of the regulations is “to address recent changes in...more

Goodwin

Congress Members Urge Department of Education to Amend Rules Governing Banking Practices on College Campuses

Goodwin on

In a continued effort by federal and state legislators to curb alleged abuse by financial institutions on college campuses, several members of Congress sent a letter to the Department of Education expressing their support for...more

Ballard Spahr LLP

Elizabeth Warren and other congressional members urge rulemaking by the Department of Education re: regulating college/bank...

Ballard Spahr LLP on

On April 22nd, Senator Warren, nine other Senators, and 14 members of Congress sent a letter (the “Letter”) to Secretary of Education Duncan urging that the Department of Education (DOE) exercise its rulemaking authority to...more

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