Campus ID News
Card, mobile credential, payment and security
FEATURED
PARTNERS

NACUBO calls PIRG report misleading

Andy Williams   ||   Jun 05, 2012  ||   

College business officers say a recently released report of the Public Interest Research Group “fails to adequately recognize that students have a choice in deciding where and how to manage personal banking and financial transactions and that campus cards are offered by campuses for service, convenience, and security.”

The statement was released by the National Association of College and University Business Officers in response to the PIRG report called “The Campus Debit Card Trap: Are Bank Partnerships Fair to Students?” It alleges that banks and other financial service companies charge hidden fees to manage a student’s university-issued debit/campus ID card.

NACUBO added that it “strongly encourages campuses to identify banking services that offer low- or no-fee options for students and endorses transparency and full disclosure in marketing financial products and services to college students.”

It went on to say that “institutions’ continuing efforts to contain college costs include effective cost management and streamlining administrative services. The (PIRG) report misleads readers to believe that campuses profit by providing electronic refunds of student financial aid dollars.”

Meanwhile, U.S. Sen. Dick Durbin, R-Ill., said he “will be working in Washington to put an end to the unreasonable practices highlighted in this (PIRG) report…”

In addition, a lawsuit has been filed over the report. A California resident and college student claims financial services provider Higher One “deceptively assessed bank fees” and that the “plaintiff and other Higher One account holders nationwide, were deceived into using a Higher One account in order to access their college financial aid money…then subsequently charged unfair and improperly disclosed bank fees.”

Here’s a link to the press release from the Washington, D.C. law firm which filed the class action suit.

For more on the NACUBO statement, Senator Durbin’s statement and the PIRG report, go here.

Subscribe to our weekly newsletter

RECENT ARTICLES

Brista Hurst UT Tyler

Learn to analyze card system data at NACCU’s popular Data Summit

In a recent CampusIDNews Chats interview, Brista Hurst-Kent, Business Technology Services Manager at the University of Texas at Tyler, shared her experience attending the NACCU Data Summit. This two-day workshop focused on empowering participants to use common reporting tools – specifically Microsoft Excel with Power Pivot and Power Query – to create interactive dashboards that […]
Credentials 101 Series banner

Understanding chip options for contactless campus cards

Three main components underly modern credential technology – chips, formats, and encryption. Each are applicable to both cards and mobile credentials and understanding them is key to making informed decisions for your campus card program. In this series of articles, we will dive into each component, but first a brief preview. Chips are the core of […]
Apex OrderHQ Array modular lockers
Jul 02, 25 /

Modular locker solution streamlines campus order pickup

Apex Order Pickup Solutions launched a new modular system of automated order pickup lockers that can be stacked or setup in custom configurations. The OrderHQ Array Series lockers work in any floor plan without expensive remodeling. In an interview with Food On Demand, Kent Savage, founder and executive chairman of Apex Order Pickup Solutions, compares […]
CIDN logo reversed
The only publication dedicated to the use of campus cards, mobile credentials, identity and security technology in the education market. CampusIDNews – formerly CR80News – has served more than 6,500 subscribers for more than two decades.
Twitter

Attn: friends in the biometrics space. Nominations close Friday for the annual Women in Biometrics Awards. Take five minutes to recognize a colleague or even yourself. http://WomenInBiometrics.com

Feb. 1 webinar explores how mobile ordering enhanced campus life, increased sales at UVA and Central Washington @Grubhub @CBORD

Load More...
Contact
CampusIDNews is published by AVISIAN Publishing
315 E. Georgia St.
Tallahassee, FL 32301
www.AVISIAN.com[email protected]
Use our contact form to submit tips, corrections, or questions to our team.
©2025 CampusIDNews. All rights reserved.