Biden Takes Aim at College Junk Fees Burdening Students
- Targeting 4 types of junk fees for college students loan origination, banking, textbooks, leftover meal plans
- Fees cost students billions; not always clear or avoidable
- Seeking end to 1-4% loan origination fees that add thousands in debt
- Addressing college banking fees from required banks that add surprise costs
- Considering rules for textbook opt-outs and meal plan refunds