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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.
Then, please thank the president for taking this important step on behalf of students and consumers.
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We collect petition signatures - lots of them! -
CALPIRG’s Energy Service Corps: UCSD students working to engage students and the community about living sustainably at home via energy efficiency. Hello Wall-E. -
Hunger and Homelessness intern Roua Aboukhadijeh collecting interview footage on campus for a short film on poverty. -
Six media outlets covered a stop on the Textbooks Rebellion tour to promote affordable alternatives to outrageously expensive textbooks. -
CALPIRG students asking Governor Jerry Brown what his plan is to make higher education more affordable. -
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Vote Yes for OSPIRG! -
Power Shift West 2009 organizers with State Representative Jefferson Smith. -
Students campaign for High Speed Rail. -
Fast Trains ARE Cool. -
Students volunteer at a local garden for the National Hunger Cleanup. -
University of Oregon students and staff remind their peers to turn in their ballots on election day. -
Students at Southern Oregon University gather petitions to reduce plastic bag usage in the city of Ashland. -
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Volunteers wear the textbook mascot costumes to educate students about affordable textbook alternatives. -
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Students posing with the textbook Rebellion books, We Want Cheaper TEXTBOOKS!! -
UCSD CALPIRG’s Protect Our Oceans Campaign. We want to stop the continued plastic pollution of our oceans. Join us! -
UCSD students posing with Charlie the CFL after pledging to save energy in 1 to 4 ways at home. -
Textbook Rebel and Mr. $200 drew attention to outrageous textbook prices. -
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Students educate others about different ways to reduce energy. -
The Energy Efficiency campaign tabling to give away free CFLs and educate others about simple ways to reduce energy use. -
Student leaders educate the campus about income inequality during National Hunger and Homelessness Awareness Week. -
MaryPIRG students collect canned food for the Canpaign at UMD. -
