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Media Hit | Higher Ed

Average student loan debt rises to $26,600 for class of 2011

"Increasing student debt in a weak economy can be a knock-out blow to many considering college," said Rich Williams, higher education advocate with U.S. Public Interest Research Group, which advocates for students. "As our economy is recovering, lawmakers must send every signal that college is a good investment. "
 

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Blog Post | Transportation

Five Factors Will Determine Whether TIFIA Will Fund Transit | Phineas Baxandall

"TIFIA," the federal transportation loan program was super sized in the recent transportation law. New rules make the program even more of a slush fund for private toll roads, while others provide possibility for long-overdue public transit expansion. This blog appeared in slightly condensed form at StreetsBlog.

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News Release | U.S. PIRG | Democracy

Press Conference: Celebrating 100 Years of Secrets and Lies

One of the biggest post-Citizens United dark money spenders in this year's election is the U.S. Chamber of Commerce. Despite trying to pass itself off as representing mom-and-pop small businesses, the U.S. Chamber's corporate funding has enabled it to become the second biggest outside spender to date and to pledge to spend up to $100 million in races across the country. Yet the U.S. Chamber will not disclose to the electorate the sources of its funding, denying citizens the opportunity to judge the credibility of its messaging. The U.S. Chamber exemplifies the unaccountable secret spending of the post-Citizens United landscape.

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Blog Post | Financial Reform

Tips for fixing credit report errors yourself (don't ever use a credit repair doctor) | Ed Mierzwinski

Fox Business reporter Kelly Dilworth has a detailed "how-to" called "10 surefire steps to get errors off your credit reports." Don't go to a credit repair doctor, don't read a bunch of wacky advice on self-help websites, don't do any of that, Do what she says.

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Blog Post | Consumer Protection

FTC slams Equifax as Senate joins House inquiry into credit bureaus' data broker cousins | Ed Mierzwinski

This week the FTC ordered the massive credit bureau Equifax to disgorge $393,000 in profits and its customer, Direct Lending Source, to pay a $1.2 million civil penalty for selling lists of credit reports for illegal marketing purposes. Meanwhile, Senate Commerce Chairman Jay Rockefeller has announced his own investigation into the practice of unregulated data brokers, the close cousins of the credit bureaus that are already the subject of a bi-partisan House inquiry.

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News Release | U.S. PIRG Education Fund | Health Care

New Health Exchange Rules Put States in the Driver's Seat

The draft rules released today by the federal Department of Health and Human Services put states in the driver’s seat when it comes to setting up new health benefits exchanges.

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News Release | U.S. PIRG Education Fund | Health Care

Consumer Group Calls for Competitive Health Care Marketplaces

State policy-makers can address rising health care costs by implementing an effective health insurance exchange, according to a report released today by consumer advocacy group U.S. PIRG.

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News Release | U.S. PIRG | Financial Reform

Changes Gut Consumer Protections, Protect Wall Street

The House Financial Services Committee simultaneously approved an industry-friendly rollback of consumer financial and product safety protections. The approved bill eliminates the independence of the new Consumer Financial Protection Bureau (CFPB) while also preventing the Consumer Product Safety Commission's (CPSC) new public information database from informing the public about product hazards.

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News Release | U.S. PIRG Education Fund | Higher Ed

Department of Education Rule to Rein in Abuse at For-Profit Colleges Doesn’t Go Far Enough

Yesterday, the US Department of Education took the first step in reining in abusive practices at for-profit colleges which pile deep debt onto their students in exchange for questionable credentials.  It issued a new rule that sets a standard for these schools: their programs have to ensure graduates can earn enough to pay off the hefty student loans they must carry to pay for their enrollment.

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News Release | U.S. PIRG Education Fund | Democracy

6 Reform Groups Support the Letter of 25 Representatives in Favor of President Obama’s Proposed Transparency Executive Order

Yesterday Reps. Anna Eshoo (D-Calif.), Michael Capuano (D-Mass.), and 23 others, wrote a letter to President Obama expressing their strong support for the April 13 draft executive order to require full disclosure of campaign spending and contributions by business entities that seek federal government contracts.

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