No Consensus On Debit Cards, State Authorization

May 21, 2014

The Obama administration is now free to move ahead with plans to more tightly regulate campus debit cards and require more aggressive state oversight of online education programs after a federal panel on Tuesday failed to reach agreement on those issues. A rule making committee had been negotiating for the past several months over a wide-ranging package of new regulations the Education Department is seeking to develop. Broadly speaking, all of the proposals relate to how and when federal student aid can flow to students and colleges, but the committee debated six distinct issues.

Article Source: Inside Higher Ed