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Podcast: American Viewpoints
Episode: Are College Students Getting Bad Deals By Predatory Financial Institutions?
Description: Ed Mierzwinski, the Senior Director of the Public Interest Research Group's Federal Consumer Program, argues that regulators and lawmakers should address financial processes that they say is a bad deal for college students. Beyond just on campus incentives to convince young people to sign up for credit cards, Mierzwinski says the problems includes the colleges/universities and financial institutions are not serving the students' best interests.
Read PIRG's statement here: https://pirg.org/media-center/statement-new-cfpb-report-raises-concerns-about-banking-cards-on-u-s-campuses/