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Cuomo Plans to Review N.Y. Colleges’ Contracts With Credit-Card Companies

Andrew M. Cuomo, New York’s attorney general and the Democratic candidate for governor, has announced that he is undertaking a statewide investigation into “deceptive credit-card-marketing practices that target college students” and has sent letters to every college in New York, asking that they provide his office with information about any exclusive contracts they have with credit- and debit-card companies. Mr. Cuomo, who made a name for himself in higher education by cracking down on conflicts of interest in student lending, has shown interest in student credit cards before, sending out a series of subpoenas in 2008 asking colleges for details about their college-branded credit cards.

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