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CFPB Continues to Expand Its Scrutiny of Higher Education with New Report on College and Postsecondary School Tuition Plans

CFPB Monitor

The CFPB recently released a report regarding higher education tuition payment plans that discusses prevailing practices and highlights certain CFPB concerns regarding consumer impact. Continue Reading

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El Salvador wants to bring Bitcoin education to public schools

The Paypers

The Ministry of Education of El Salvador has partnered with Mi Primer Bitcoin (MPB) to introduce Bitcoin education in schools by 2024.

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Colorado Private Education Lender Registration Takes Effect September 1, and Schools Using Income Share Agreements Are Covered

CFPB Monitor

With Colorado’s private education lender registration scheduled to take effect on September 1 st , the Colorado Department of Law has just announced that they intend to bring a new group within their jurisdiction: private postsecondary schools that use income share agreements (ISAs) to help finance students’ education.

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Dr. Annamaria Lusardi: FinTech Is Great, But No Substitute For Teaching Kids Financial Literacy

PYMNTS

We take a similar attitude when it comes basic math and science — but when it comes to financial literacy, only 21 states require financial education, Dr. Annamaria Lusardi recently told Karen Webster. Not [a] lot of adults are actually financially literate, and this is not surprising because a lot of people didn’t get it in the school.

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Flywire, Mastercard Team On Cross-Border Tuition Payments

PYMNTS

The offer will be available for any school around the world offering Flywire as a payment method for international tuition through the 2020 fall term for students from the United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Kenya and Ghana, the release stated. For international students, rules are even murkier as new U.S.

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MiHC La Puerta Portal Opens the Door to Success for Hispanic Students in Detroit

Perficient

Perficient developed the La Puerta portal framework as a way of giving back to the Detroit community and to pave the way for students to benefit from a college education. Bridging the Education Gap. MiHC is doing important work to advance education and career placement within Detroit’s Hispanic community. Benefits of La Puerta.

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University of Toronto launches fintech bootcamp to meet local labor demand

Bank Innovation

To meet the demands of this growing industry, the University of Toronto’s School of Continuing Studies is partnering with education services company Trilogy to launch […].

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