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Education, Maine’s Economy

Student debt relief bond should include targeted aid to Mainers most at risk for default

Higher education is a boon to both graduates and Maine’s economy. It increases degree holders’ lifetime earnings, improves business competitiveness, and spurs consumer spending. But escalating college debt and rising rates […]

Jody Harris
Posted May 9, 2019
Tags Education, Student Debt
Education, Maine’s Economy

Maine borrowers need a Student Loan Bill of Rights as protection from predatory loan companies

We all have heard the numbers about escalating student loan debt across the country. Maine is no exception. Residents of our state carry more than $6 billion […]

Jody Harris
Posted March 26, 2019
Tags Consumer Protection, Higher Education, Student Debt
Education

Predatory practices increase Mainers' student debt and financial troubles

Mainers are carrying nearly $6 billion in education debt. Large figures like that can be difficult to wrap our heads around, so think of it this way: […]

Jody Harris
Posted December 19, 2018
Tags Consumer Protection, Higher Education, Student Debt
Education, Maine’s Economy

Predatory practices increase Mainers’ student debt and financial troubles

Mainers are carrying nearly $6 billion in education debt. Large figures like that can be difficult to wrap our heads around, so think of it this way: […]

Jody Harris
Posted December 19, 2018
Tags Consumer Protection, Higher Education, Student Debt
Education

Policy Brief: Predatory actors worsen borrowers' woes as education debt holds back Maine's economy

Summary: Higher education is a boon to graduates and Maine’s economy. It increases degree holders’ lifetime earnings, improves business competitiveness, and spurs consumer spending. But escalating college […]

Jody Harris
Posted December 10, 2018
Tags Consumer Protection, Higher Education, Student Debt
Jobs and Income

Maine groups urge Poliquin to defy campaign donors, reject payday rule challenge

From the article: “The Consumer Bureau’s payday rule is necessary to help ensure that lenders cannot trap borrowers, who are typically already financially distressed, in a debt […]

Beacon
Posted April 17, 2018
Tags Consumer Protection, Incomes
Taxes and Budget

Investors could receive significant tax breaks if city is chosen as Opportunity Zone

From the article “There’s not a lot of evidence to show that companies or individuals invest because of these programs,” [said James Myall, MECEP policy analyst]. Read […]

The Ellsworth American
Posted April 6, 2018
Tags Local, Tax Breaks, Taxes
Taxes and Budget

Advocates Say GOP Plan Would Hike Taxes For More Than Half Of Maine's Elderly

From the story: “I think that’s a fundamental misread of how this bill works,” says Garrett Martin, executive director of the progressive Maine Center for Economic Policy, […]

Maine Public
Posted November 28, 2017
Tags Seniors, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

New analysis: House tax legislation increases benefits for Maine's richest 1 percent over time

“If this were a genuine effort to boost the middle class, Congress would be proposing a $1.5 trillion package to take on student debt, create good jobs […]

MECEP Press Release
Posted November 6, 2017
Tags Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

House GOP’s tax priorities remain unchanged: Tax giveaways to the wealthy, fewer opportunities for working Maine families and seniors

AUGUSTA, MAINE (November 2, 2017) – U.S. House Republican leaders released tax legislation today that would give large tax cuts to the wealthiest individuals and corporations and threaten […]

Posted November 2, 2017
Tags Seniors, Tax Breaks, Tax Fairness, Taxes
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