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Thursday, January 31, 2013

CFPB Launches Initiative into Student Financial Products

The CFPB is requesting information on how current and future partnerships or other arrangements between institutions of higher education and financial institutions could be structured to promote positive financial decision-making among young consumers.

The CFPB is also requesting comments regarding experience with financial products designed for college students specifically, student cards and bank accounts, to develop a clearer picture of the financial products and services being offered to college students.

Comments are due by March 18.

Read more.

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