Senators Introduce Legislation To Close Federal Funding Loophole Exploited By For-Profit Colleges… Again

Senators Introduce Legislation To Close Federal Funding Loophole Exploited By For-Profit Colleges… Again

Legislators continued their crusade to rein in the abuses of predatory for-profit college institutions by introducing a measure today that would close a funding loophole that often led the schools to target certain consumers in order to pad their bottom line. [More]

Congress Takes Another Stab At Undercutting Gainful Employment Rules Two Weeks Before Implementation

Congress Takes Another Stab At Undercutting Gainful Employment Rules Two Weeks Before Implementation

The Department of Education’s long-awaited gainful employment rules – aimed at reining in the for-profit college industry – go into effect on July 1. But just because there are only 14 days before implementation, doesn’t mean those opposed to the regulations are giving up their fight. [More]

Tesla Won’t Be Selling Cars Directly In Texas For At Least Another Two Years

Tesla Won’t Be Selling Cars Directly In Texas For At Least Another Two Years

Tesla won’t be conquering the Lone Star state anytime soon, as bills in front of the Texas legislature that would allow direct-to-consumer sales by the electric car maker likely won’t see the light of day until 2017, when the next regular legislative session begins. [More]

Uber Halts Operations In Kansas After Legislature Votes To Mandate Background Checks, Insurance Coverage

Uber Halts Operations In Kansas After Legislature Votes To Mandate Background Checks, Insurance Coverage

It seems like every few months a new city or state announces it will no longer allow Uber to operate in its jurisdiction. But in a slight change of pace, the ride-sharing company is actually taking itself out of the equation in Kansas. [More]

(Dustin Michelson)

PRO Students Act Aims To Protect Students From For-Profit Colleges’ Bad Behavior

It’s difficult to go a month or even just a few weeks without hearing of another for-profit college being under investigation for unscrupulous practices, such as inflated job placement rates and pushing students into costly student loans. New legislation announced today aims to curtail the number of investigations we hear about by protecting students from predatory, deceptive, and fraudulent practices in the for-profit college sector, before they even enroll. [More]

(sparkle-motion)

Legislation Would End Forced Arbitration In Student Enrollment Agreements

When Education Credit Management Corporation announced late last year that it would buy 56 of for-profit education chain Corinthian College Inc.’s Everest University and WyoTech campuses, consumer advocates expressed great concern that the new company – which would operate under the name Zenith – would continue the unfair practice of requiring students to sign away their right to seek any legal action against the company if they’re wronged. While ECMC ultimately said it would do away with the practice, new legislation aims to strengthen students’ legal rights when it comes to forced arbitration. [More]

(Ken Fager)

Digital Privacy And Parental Rights Act Would Put Restrictions On The Use Of Student Data Online

Students are more dependent than ever on technology and the Internet for their education, but those same apps and online learning tools that help educate them could be putting their personal information at risk if shared improperly. Nearly a month after it was first expected, a pair of U.S. representatives have introduced a bill aiming to restrict third-party use of students’ sensitive personal data. [More]

A notario público courts customers on the side of a building. This example of notario advertising was provided by the American Bar Association's Commission on Immigration.

How ‘Notario’ Fraud Preys On Language Differences & Can Result In Unfair Deportation

While the news is filled with reports of various frauds perpetrated on American consumers, one particularly nasty scam doesn’t make as many headlines because it preys almost exclusively on recent Spanish-speaking immigrants who think they are paying for quality legal advice but instead get someone with nothing more than a notary stamp. [More]

(Michael)

Student Loan Borrower’s Bill Of Rights Would Reform Disclosure And Servicing Standards

In recent weeks, legislators have introduced a range of bills aimed at addressing student loans and revamping the laws governing those debts. Today, that push continued with the reintroduction of a bill that would ensure student borrowers are treated fairly and understand the range of options at their disposal. [More]

(Enokson)

Legislation Would Limit How Education Companies Use Students’ Online Data

With the use of technology now tightly tied to education, consumer advocates and parent groups have increasingly voiced concern about how student data is used. New legislation aims to alleviate worries over the exploitation of students’ personal information by placing restrictions on how that data can be used by third-party technology companies. [More]

Bill Would Ban Marketing, Sale Of Electronic Cigarettes To Minors; Create Regulations On Packages & Labeling

Bill Would Ban Marketing, Sale Of Electronic Cigarettes To Minors; Create Regulations On Packages & Labeling

Earlier this month a new study found that it was increasingly easy for teens to purchase e-cigarettes despite a plethora of laws prohibiting the sale of such products to minors. Today, a group of Senators are taking action to make it more difficult for minors to purchase the products by creating restrictions on sales and marketing of e-cigarettes. [More]

(Larry Troy)

Legislators Once Again Introduce Bill That Would Allow Student Loan Refinancing

If at first you don’t succeed try again…  and again, and again. That appears to be the approach members of Congress are taking when it comes to a bill that would allow student loan borrowers to refinance their private and federal student loans. [More]

(Nicholas Eckhart)

Tesla Faces One Last Hurdle In New Jersey After Senate Passes Bill Allowing Direct-To-Consumer Sales

A little more than a year after the New Jersey Motor Vehicle Commission unanimously voted to block the sale of Tesla vehicles directly to consumers, the state’s Legislature passed a bill allowing the car company to bypass auto dealerships and continue its unique model of car sales. [More]

(Tim Schreier)

Senators Introduce Legislation To Make Private Student Loans Dischargeable In Bankruptcy

Since 2005, student borrowers have been unable to discharge their private student loans through the process of bankruptcy. But that could soon change after a group of 12 senators introduced a bill aimed at addressing the current student debt crisis by restoring the bankruptcy code to hold private student loans in the same regard as other private unsecured debts. [More]

Both the House and Senate introduced legislation today that would create standards regarding the packaging of detergent packets.

Legislation Aims To Make It Harder For Kids To Snack On Yummy-Looking Detergent Pods

Federal safety agencies and poison control centers have continuously expressed concern that the ever-popular, and convenient detergent pods are extremely dangerous to children, with more than 17,000 kids being poisoned by ingesting the detergent since they came on the scene three years ago. Today, the House and Senate took steps to ensure the single-serve detergent packs no long threaten childrens’ safety by introducing legislation that would enact stricter packaging standards for liquid detergent. [More]

(RW Sinclair)

Proposed Bills Would Revamp Food Safety Agencies & Recall Protocols

Last year a group of legislators introduced a bill that would have given the U.S. Dept. of Agriculture the legal backbone to get unsafe meat, poultry and eggs off store shelves. While that bill died in Congress, two new measures seek to pick up the pieces, establishing a single, independent federal food-safety agency and providing new recall procedures. [More]

Regulations Help To Rein In Runaway For-Profit Colleges, But Schools Still Find Loopholes

Fujoshi Bijou

If a company routinely charges more for its products than the competition and its product is often inferior to the more affordable option, that business won’t remain open for long. But thanks to deep-pocketed backers and a government that has handed over hundreds of billions of dollars in federal student aid without asking too many questions, the for-profit college industry continues to rake in the bucks while frequently leaving its students with subpar educations and faint employment hopes. Some federal regulators have attempted to make the industry more accountable, but these schools continue to take advantage of loopholes while legislators and consumer advocates scramble to make reform. [More]

Expected Bill Would Allow Private Student Loan Debt To Be Discharged In Bankruptcy

Expected Bill Would Allow Private Student Loan Debt To Be Discharged In Bankruptcy

If at first you don’t succeed, try again with a more drastic measure. Just two weeks after a bill to allow private student loan borrowers to refinance at lower interest rates failed to gain traction in the Senate, a new bill expected to be introduced this week takes things a step farther. [More]