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2012 Starts with a Win!
2012 has already brought a tremendous victory for students and families.
Today the President appointed Richard Cordray as the director of the new Consumer Financial Protection Bureau (CFPB). The CFPB will rein in the bad business practices of banks, lenders, and credit card companies.
The president is doing the right thing for students and consumers.
Cordray's nomination had been caught up in partisan bickering and stalemate in Congress. Without a director, the CFPB wouldn’t have full authority to regulate private student lenders like Sallie Mae or the Wall Street banks that destroyed the economy. The President used his constitutional authority to announce this recess appointment so the CFPB could get to work.
With a director in place, the CFPB can protect students and citizens from the financial tricks of private student loan lenders, big banks, debt collectors, credit bureaus, mortgage companies, payday lenders and others.
Join me and take a minute to celebrate -- this is an exciting victory.
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Student leaders educate the campus about income inequality during National Hunger and Homelessness Awareness Week. -
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We collect petition signatures - lots of them! -
Hunger and Homelessness intern Roua Aboukhadijeh collecting interview footage on campus for a short film on poverty. -
Students campaign for High Speed Rail. -
Fast Trains ARE Cool. -
Students volunteer at a local garden for the National Hunger Cleanup. -
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Volunteers wear the textbook mascot costumes to educate students about affordable textbook alternatives. -
Students posing with the textbook Rebellion books, We Want Cheaper TEXTBOOKS!! -
Textbook Rebel and Mr. $200 drew attention to outrageous textbook prices. -
Six media outlets covered a stop on the Textbooks Rebellion tour to promote affordable alternatives to outrageously expensive textbooks.