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Education

Student debt collection reform, for-profit college rules top wins for Maine consumers this year

While President Donald Trump’s administration continues its efforts to systemically roll back consumer protections, Maine has made moves to protect residents and ward off financial predators. Maine’s […]

Jody Harris
Posted July 17, 2019
Tags Consumer Protection, Education, Higher Education, Student Debt
Education, Jobs and Income

‘Student Loan Bill of Rights’ will protect Maine students from predatory lenders

“This bill will prevent giant financial corporations from padding their bottom lines by preying on Mainers who just want to responsibly pay down their student debt,” Maine […]

Beacon
Posted June 11, 2019
Tags Consumer Protection, Higher Education, Student Debt
Education, Jobs and Income

STATEMENT: Student Loan Bill of Rights will protect Mainers from predatory Wall Street corporations

CONTACT Mario Moretto mario@mecep.org 207-620-1101 AUGUSTA, Maine — Jody Harris, associate director of Maine Center for Economic Policy, released the following statement following the Legislature’s enactment Monday […]

Posted June 10, 2019
Tags Consumer Protection, Higher Education, Student Debt
Education, Jobs and Income

Jody Harris: Maine needs a student loan bill of rights

Escalating college debt and rising rates of student loan defaults threaten to derail the benefits of higher education for Maine’s families and our economy. Money that normally would […]

Sun Journal
Posted May 26, 2019
Tags Consumer Protection, Higher Education, Student Debt
Jobs and Income

Even GOP Voters Are Applauding AOC and Sanders for Taking on Lenders

Five states have now passed referenda limiting payday loans: South Dakota, Ohio, Arizona, Montana, and this past November, Colorado. There, voters overwhelmingly passed a measure capping interest rates at […]

Truthout
Posted May 16, 2019
Tags Consumer Protection
Jobs and Income

Consumer protection bureau is moving to expose Mainers to predatory payday lenders

Under its new director, the agency charged with protecting Americans from financial deception is instead planning to serve them up to some of Wall Street’s worst actors. […]

Bangor Daily News
Posted May 16, 2019
Tags Consumer Protection
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, Jobs and Income

Conference addresses consumer protection

The dramatic impact of student loan debt was a primary concern of panelists at the conference. MECEP Associate Director Jody Harris said student loan debt in Maine […]

The Free Press
Posted December 13, 2018
Tags Consumer Protection, Higher Education, Student Debt
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