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News Release | Arizona PIRG Education Fund | Consumer Protection

BANKS SKIM MILLIONS IN FEES FROM STUDENT AID USING DEBIT-CARD-LINKED STUDENT IDS

The Campus Debit Card Trap, a new report released by the Arizona PIRG Education Fund, finds that banks and financial firms now control or influence federal financial aid disbursement to over 9 million students by linking checking accounts and prepaid debit cards to student IDs.  According to the report, financial institutions now have affinity partnerships with almost 900 campuses nationwide, grafting bank products onto student IDs and other campus cards to become the primary recipient of billions in federal financial aid to distribute to students.

 

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Report | Arizona PIRG Education Fund | Consumer Protection

The Campus Debit Card Trap

Banks and other financial firms are taking advantage of a variety of opportunities to form partnerships with colleges and universities to produce campus student ID cards and to offer student aid disbursements on debit or prepaid cards. In addition to on-campus services, such as student ID functions offered on the card, some cards offer traditional debit card services linked to bank accounts; other cards provide additional reloadable prepaid card functions. The disbursement of financial aid and university refunds is the most significant partnership identified.

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News Release | Arizona PIRG Education Fund | Health Care

Consumers Union Releases New Report: Health Reform’s ‘Value for Your Dollar Rule’: Early Impact in Arizona

Today’s new report by Consumers Union Health Reform’s ‘Value for Your Dollar Rule’: Early Impact in Arizona highlights how the “medical loss ratio” can help consumers get a good value for their premium health care dollars. Under the Affordable Care Act, insurers covering individual and small businesses must spend at least 80 percent of premiums on medical care or provide rebates to consumers.

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News Release | Arizona PIRG Education Fund | Safe Energy

Statement on the Resignation of Nuclear Regulatory Chairman Gregory Jaczko

While we may not have always seen eye to eye with Chairman Jaczko, he has been the lone advocate on the Commission for addressing some key nuclear safety concerns that put public health and safety at risk.

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News Release | Arizona PIRG Education Fund | Budget

Transparency Shortcomings of Arizona Commerce Authority Cited in New Report

A new report released by the Arizona PIRG Education Fund, Shining a Light on the Arizona Commerce Authority, examines how transparent the Arizona Commerce Authority has been with the grant and tax credit programs it oversees.

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News Release | Arizona PIRG Education Fund | Consumer Protection

New Report Documents Dangerous Chemicals in Baby Products

Toxic chemicals can be found in common baby products, according to a new report released today by the Arizona PIRG Education Fund. “The Right Start: The Need to Eliminate Toxic Chemicals from Baby Products” documents toxic chemicals, including phthalates and polybrominated diphenyl ethers (PBDEs), in teethers, bath books, and sleep accessories.

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News Release | Arizona PIRG Education Fund | Safe Energy

Consumers Continue to Pay the Price for Shortsighted Energy Policies

Arizona’s consumers will spend over $98 million more at the gas pump in 2005 than they should because of shortsighted automobile fuel economy policies, according to a report released today by the Arizona PIRG Education Fund.

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