Events

SOURCES: California Department of Justice, Office of the Attorney General, chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://oag.ca.gov/system/files/media/legal-alert-oag-2023-01-employer-driven-debt.pdf Consumer Financial Protection Bureau (CFPB), https://www.consumerfinance.gov/data-research/research-reports/issue-spotlight-consumer-risks-posed-by-employer-driven-debt/full-report/#:~:text=The%20CFPB%20sought%20comments%20from,the%20findings%20from%20that%20inquiry CFPB comments: : https://www.regulations.gov/comment/CFPB-2022-0038-0056; https://www.regulations.gov/comment/CFPB-2022-0038-0005; https://www.regulations.gov/comment/CFPB-2022-0038-0051; https://www.regulations.gov/comment/CFPB-2022-0038-0054. Federal Trade Commission, https://www.ftc.gov/news-events/news/press-releases/2023/01/ftc-proposes-rule-ban-noncompete-clauses-which-hurt-workers-harm-competition US Chamber of Commerce, https://www.uschamber.com/workforce/the-cfpb-is-making-it-harder-to-hire-and-train-employees Student Borrower Protection Center (SBPC), chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://protectborrowers.org/wp-content/uploads/2022/07/Trapped-at-Work_Final.pdf SBPC, https://protectborrowers.org/training-repayment-agreement-provisions/ Alabama Law Review, https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3642017 On Labor, https://onlabor.org/trapped-at-work/ Penn Live, https://www.pennlive.com/opinion/2023/03/how-corporations-are-trapping-employees-what-we-can-do-to-stop-them-opinion.html Truthout, https://truthout.org/articles/employer-debt-traps-violate-workers-rights-federal-regulators-say/ NY Times, https://truthout.org/articles/employer-debt-traps-violate-workers-rights-federal-regulators-say/ Young Turks, https://www.youtube.com/watch?v=UBj7Jjz7wPI&t=343s Towards Justice, chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://towardsjustice.org/wp-content... Professional Roofing, https://www.professionalroofing.net/A... Reuters, https://www.reuters.com/world/us/more... Employment Law Worldview, https://www.employmentlawworldview.co.... USA Today, https://www.usatoday.com/pages/intera... Transport Topics, https://www.ttnews.com/articles/fmcsa... NY Times, https://www.nytimes.com/2022/03/15/op...

On Tuesday, November 28, the UC Student Loan Law Initiative and the UCI Law students Consumer Law Association held an event celebrating the 4 million borrowers nationwide who recently had their debts erased through the Public Service Loan Forgiveness (PSLF) program for public service workers and the Income Driven Repayment (IDR) Account Adjustment for borrowers who’ve been in repayment for 20-25 years.

MEDIA ADVISORY: http://bit.ly/3UoopjC On Monday, April 3, the University of California, Irvine School of Law (UCI Law) hosted Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra for virtual remarks highlighting the Bureau’s past work to address illegal conduct in the marketplace. Director Chopra’s remarks focus on how the CFPB analyzes the standards of fair dealing in the face of evolving business practices. About Rohit Chopra Rohit Chopra is Director of the Consumer Financial Protection Bureau. The CFPB is a unit of the Federal Reserve System charged with protecting families and honest businesses from illegal practices by financial institutions, and ensuring that markets for consumer financial products and services are fair, transparent, and competitive. As Director, Chopra is also a member of the Board of Directors of the Federal Deposit Insurance Corporation and the Financial Stability Oversight Council. In 2018, Chopra was unanimously confirmed by the U.S. Senate as a Commissioner on the Federal Trade Commission, where he served until assuming office as CFPB Director. During his tenure at the FTC, he successfully worked to strengthen sanctions against repeat offenders, to reverse the agency’s reliance on no-money, no-fault settlements in fraud cases, and to halt abuses of small businesses. He also led efforts to revitalize dormant authorities, such as those to protect the Made in USA label and to promote competition. The Director previously served at the CFPB from 2010 to 2015. In 2011, the Secretary of the Treasury designated him as the agency’s student loan ombudsman, where he led the Bureau’s efforts on student lending issues. Prior to his government service, Chopra worked at McKinsey & Company, the global management consultancy, where he worked in the financial services, health care, and consumer technology sectors. Chopra holds a BA from Harvard University and an MBA from the Wharton School at the University of Pennsylvania. This event was co-sponsored by the UCI Student Loan Law Initiative and the UCI Consumer Law Society.

Nick Gillespie of Reason Magazine and Dalié Jiménez of the University of California, Irvine School of Law, get into it over the benefits and pitfalls of student debt forgiveness. FOR THE MOTION: Ashley Harrington, Federal Advocacy Dir. and Senior Counsel, Center for Responsible Lending Dalié Jiménez, Student Loan Law Initiative Director and Professor, University of California, Irvine School of Law AGAINST THE MOTION: Nick Gillespie, Editor-at-Large, Reason Beth Akers, Resident Scholar, American Enterprise Institute #collegedebt​ #loanforgiveness​ #studentloans​ #forgivestudentdebt​ #biden​ #intelligencesquared​ #opentodebate =================================== Subscribe: https://www.youtube.com/@OpentoDebateOrg Official site: https://opentodebate.org/ Open to Debate Twitter: https://twitter.com/OpentoDebateOrg Open to Debate Facebook: https://www.facebook.com/BeOpentoDebate/ ===================================