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This financial-aid disbursement firm has left students with questionable fees

In 2018, Luvleen Sidhu, founder of BankMobile, sat on the floor of the New York Stock Exchange and told Cheddar, a news site geared towards millennials, that she wanted millions, including college students, to open accounts at her online financial services company. 

“[It’s] not because the numbers matter,” Sidhu said of the company’s aim. “It’s because we have a social mission here and we’re hoping to help these students.” 

The…

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