Earlier this month, Secretary of Education Betsy DeVos declared that the Department of Education would no longer work with the federal Consumer Financial Protection Bureau to root out bad players in the student loan servicing arena. While the CFPB fired back, accusing DeVos of misunderstanding just what the Bureau does, a coalition of state attorneys general are now joining the choir, claiming the decision to end the agencies’ agreements undermine protections for student borrowers. [More]
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AGs Blast Financial CHOICE Act, Urge Congress To Reject Proposed Bill
With legislation to roll back consumer protections and gut the Dodd-Frank Wall Street Reform and Consumer Protection Act expected to be discussed by the House as early as this week, several states are urging lawmakers to reject the legislation. [More]
21 Attorneys General Call Out Education Secretary DeVos For Removing Student Loan Protections
In response to the decision by Secretary of Education Betsy DeVos to roll back protections for student loan borrowers, a coalition of state attorneys general are accusing DeVos of failing America’s students. [More]
Senator Asks Federal Agencies For Information On Massive Internet Of Things Breach
A massive denial of service attack last week has already resulted in the recall of a number of webcams that may have been used to aid hackers in taking popular sites like Twitter, Github, Reddit, and others offline throughout the day. Now, lawmakers are asking federal agencies what else can be done to prevent future attacks. [More]
ITT Tech Banned From Enrolling New Students Using Federal Financial Aid
And just like that the foundation of ITT Education Services is beginning to crumble. Today, the Department of Education took a series of actions that bans the company behind the for-profit chain of ITT Technical Institutes from enrolling new students using federal financial aid funds. [More]
Scientists Suggest Zika Virus Can Be Transmitted Via Oral Sex
While health officials continue looking for a cure for the Zika virus, scientists are considering the possibility that the mosquito-borne illness could also be sexually transmitted from human to human. [More]
11 Attorneys General Agree: For-Profit Colleges Shouldn’t Have Unfettered Access To Military Bases
A number of for-profit college chains market their schools directly to active-duty U.S. servicemembers, sometimes going too far in the process. Now a group of state attorneys general are voicing their concern that a new piece of legislation will weaken existing protections against overzealous recruitment of servicemembers by these controversial colleges. [More]
American Airlines Waives Sick Traveler’s $200 Cancellation Fee After He Sends Sweet Note & Family Photos
The next time you need to ask an airline to make an exception for you, think about following the example set by a traveler whose witty letter — complete with photos of his family — convinced American Airlines to waive its $200 cancelation fee. [More]
Report: Volkswagen Chief Executive Knew Of Diesel “Defeat Device” Investigation In 2014
At least some high-ranking executives at Volkswagen knew a year in advance about a probe into the carmaker’s diesel vehicles that eventually uncovered “defeat devices” that skirted federal emission standards, new internal documents reveal. [More]
Lawmaker Urges Airlines To Drop Holiday Baggage Surcharges
With two airlines set to show their bah humbug by increasing baggage fees just in time for the holidays, one lawmaker is asking them to rethink that plan, you know, in the spirit of the season and all. [More]
Consumer, Privacy Groups Urge Federal Regulators To Investigate T-Mobile/Experian Hack
A week after Experian revealed that hackers stole personal information for around 15 million consumers from a database of T-Mobile customers and applicants held by the credit reporting agency, a group of 25 consumer and privacy advocates are demanding that federal regulators open an investigation into the breach.
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Senators Call For Recall Of All Vehicles With Takata Airbags
Because it could take some time for federal investigators to determine the cause of a ruptured Takata airbag in a Volkswagen — a carmaker that hadn’t been part of any earlier exploding, shrapnel-shooting airbag recalls — some lawmakers are calling for a recall of all vehicles equipped with airbags made by Takata. [More]
When Comparing Colleges, It Would Help To Know If A School Is Under Investigation
Many consumers thinking of pursuing a higher education weigh the pros and the cons of a specific college: tuition, convenience, available areas of study. Last month, the Department of Education announced it would make the college shopping experience a little easier for prospective students by creating a consumer-facing online college comparison system. While the tool will no doubt be helpful, consumer advocates warn that, as it stands, the system will be missing a vital information: whether or not schools are party to investigation, lawsuits or settlements over harmful and deceptive practices. [More]
Attorneys General Coalition Urges Dept. Of Education To Clarify Corinthian Students’ Options
A week after nine senators urged the Department of Education to provide support to the thousands of students affected by the closure of now-bankrupt Corinthian Colleges schools — Everest University, Heald College, and WyoTech — the top prosecutors in 11 states are adding their voices to the chorus encouraging the Dept. to protect students and clarity their options following the company’s final downfall. [More]
Senators Call For Attorney General Investigation Into Executives Of Corinthian Colleges
Bankrupt for-profit college chain Corinthian Colleges Inc. is already party to a number of state and federal investigations related to the alleged deceptive recruiting practices at its Heald College, WyoTech and Everest University campuses. Now, a group of senators are hoping to add another investigation to the roster. [More]
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