Higher One debit cards pile fees on college students, report says

WASHINGTON — It took Mario Parker-Milligan less than a semester to decide he was paying too many fees to Higher One, the company hired by his college to pay out financial aid on debit cards. Four years after he opted out, his classmates still face more than a dozen fees — for replacement cards, for using [...]

Colleges' bank deals saddle students with major fees

WASHINGTON — As many as 900 colleges are pushing students into using payment cards that carry hefty costs, sometimes even to get to their financial aid money, according to a report released Wednesday by a public interest group. Colleges and banks rake in millions from the fees, often through secretive deals and sometimes in apparent [...]

NATION: Colleges' bank deals saddle students with big fees

<!–Saxotech Paragraph Count: 0–> “Many institutions are looking at ways to streamline and to do things that we’re good at, which is education and learning, and not banking,” Spilde said. Programs like Higher One’s shift the cost of handing out financial aid money from universities, which no longer have to print and mail checks, to [...]

Colleges' bank card deals saddle students with fees

WASHINGTON – As many as 900 colleges are pushing students into using payment cards that carry hefty costs, sometimes even to get to their financial aid money, according to a report released Wednesday by a public interest group. Colleges and banks rake in millions from the fees, often through secretive deals and sometimes in apparent [...]

Colleges’ bank deals saddle students with big fees

It took Mario Parker-Milligan less than a semester to decide that he was paying too many fees to Higher One, the company hired by his college to pay out students’ financial aid on debit cards. Four years after he opted out, his classmates still face more than a dozen fees — for replacement cards, for [...]

Colleges Push 'Extra-Credit' Card Fees on Students

As many as 900 colleges are pushing students into using payment cards that carry hefty costs, sometimes even to get to their financial aid money, according to a report released Wednesday by a public interest group. Colleges and banks rake in millions from the fees, often through secretive deals and sometimes in apparent violation of [...]

Financial aid on a debit card? Students hit with extra fees.

Financial aid can be cheaper to administer when colleges hand it off to debit card companies. But a new study finds students are getting hit with hefty fees. By Daniel Wagner, AP Business Writer / May 30, 2012 Graduates sit waiting for the commencement exercises to begin during the Florida State University – Panama City graduation [...]

Getting carded: Banks stack fees on students

WASHINGTON — It took Mario Parker-Milligan less than a semester to decide that he was paying too many fees to Higher One, the company hired by his college to pay out students’ financial aid on debit cards. Four years after he opted out, his classmates still face more than a dozen fees — for replacement cards, [...]

Students saddled with bank fees from school

WASHINGTON (AP) — A public interest group says as many as 900 colleges are pushing students into using payment cards that carry hefty costs, sometimes even to access students’ financial aid money. The U.S. Public Interest Research Group Higher Education Fund says in a report published Wednesday that colleges and banks often make secretive deals [...]

Shopping around for a bank account

30 May 2012 Last updated at 03:59 ET By David Black Banking specialist, Defaqto Many customers remain with their current account provider for many years Following a speech last week by the future banking regulator, Andrew Bailey, there has been speculation about the possible end of free-in-credit current accounts. Most people have got used to [...]

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