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Higher One

Tyler Kingkade

'Deceptive Practices' On Campus Debit Cards Results In Multi-Million Dollar Fine | Tyler Kingkade | Posted 07.02.2014 | College

On Tuesday, the Federal Reserve Board levied a $3.5 million penalty against Cole Taylor Bank of Chicago for its participation in deceptive practices w...

Should Colleges Get Money From Banks To Steer Students Into Bank Accounts?

The Huffington Post | Tyler Kingkade | Posted 05.23.2014 | College

A group of lawmakers in both the House and the Senate presented legislation Thursday to prevent financial institutions from paying colleges and univer...

Tyler Kingkade

Nation's Leading Campus Debit Card Provider Faces Investigation | Tyler Kingkade | Posted 04.10.2014 | Business

NEW YORK -- The nation's leading provider of campus debit cards, Higher One Holdings, faces an investigation by the Federal Reserve Bank of Chicago in...

Tyler Kingkade

Financial Institutions Pressured To Reveal Details On Controversial Campus Debit Cards | Tyler Kingkade | Posted 01.23.2014 | College

The Consumer Financial Protection Bureau urged a number of financial institutions on Tuesday to disclose how much money they are paying colleges and u...

Controversial Campus Debit Card Company Nears Settlement

Inside Higher Ed | Posted 11.06.2013 | College

Higher One, the large but often controversial provider of debit cards on college campuses, has reached a preliminary agreement to pay $15 million to s...

Tyler Kingkade

CFPB: Campus Debit Card Deals Are Hurting Students | Tyler Kingkade | Posted 09.30.2013 | Business

College students are losing money by opening accounts with banks and other financial institutions that charge unnecessary fees while maintaining arran...

Shahien Nasiripour

Lawmakers Probe Big Banks Using Colleges To Target Students | Shahien Nasiripour | Posted 09.27.2013 | Politics

A group of senior U.S. lawmakers has launched a probe into big banks’ relationships with universities amid concerns that students and taxpayers are ...

As Fall Financial Aid Is Disbursed, Senator Issues Urgent Warning to Students Using Campus Debit Cards

Rich Williams | Posted 11.18.2012 | College
Rich Williams

A recent US PIRG report documents how banks are back on campus this fall with new and aggressive tactics that can leave students deeper in debt.

Banks Pay Up For Deceiving Students

Reuters | Posted 08.08.2012 | Money

WASHINGTON, Aug 8 (Reuters) - Two banks have agreed to pay penalties to settle charges by U.S. banking regulators alleging they engaged in unfair and ...

Company Fined For Milking Money From Already Broke Students

AP | DANIEL WAGNER | Posted 09.19.2012 | Money

WASHINGTON — Higher One Holdings Inc. is preparing to pay a fine to federal regulators investigating fees the company charged to college student...

What College Students Want to Know About Debt and Money

Mary Johnson | Posted 08.07.2012 | College
Mary Johnson

With the rising tide of college costs, increasing student loan debt and continuing tight job market, students are eager for a leg up in keeping their finances on track.

Sketchy Partnerships Make College Aid More Expensive For Students

AP | DANIEL WAGNER | Posted 05.30.2012 | Money

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 co...

Loren Berlin

Higher One, Student Financial Aid Company, Under Fire For Charging Students Excessive Fees | Loren Berlin | Posted 05.23.2012 | Business

As student loan debt soars, so do profits at a little-known company that manages students' financial aid disbursements for some of the nation's larges...

Student Banned From College After Complaining About Branded Debit Cards

Posted 12.13.2011 | College

By Adam Kissel, FIRE UPDATE: Charges Dropped, Unconstitutional Policy Remains Bechtol learned on Friday morning that all charges against him h...

Student Loan Debit Cards Might Not Be Worth It

Posted 05.25.2011 | College

A debit card for your financial aid that you could use to buy food and booze? Hey, it could happen. And so it has, as CNBC reports. The card is call...