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Author Archives: Jeff Sovern
by Jeff Sovern Probably my favorite podcast is Ballard Spahr's Consumer Finance Monitor Podcast. I learn a tremendous amount from it. Yes, it favors the industry view, as it is certainly entitled to do, but many episodes are devoted to interviewing consumer advocates as well. If you don't listen to it, and you like this […]
Here, from the Edelson firm. Or click below
by Jeff Sovern Here. That's consistent with Elizabeth Warren's position that the government shouldn't make money on student loans. I wonder what incentives it would create.
We have been asked to post the following: CLASS Network Director Do you want to work every day to advance the rights of low-income consumers? Do you want to lead a national network of law school programs dedicated to building racial and economic justice? Well, then, perhaps this is the job for you. […]
by Jeff Sovern The CFPB has lately been up in arms over credit card late fees. Late fees and many other fees are troubling because it is likely that consumers don't think about them when choosing their credit cards. Classical economics presupposes that consumers will make optimal decisions if they know what prices they will […]
Guest post from Neil Sobol: Howdy consumer law colleagues: This posting requests information to help update my survey on consumer laws offerings in law school. In an August 2020 blog, I forwarded a chart created by my research assistant. The chart was part of a project to update the consumer law offerings chart reported in […]
Here. It doesn't mean there won't be targeted loan forgiveness or changes in the IDR program, but so far, it looks as if widespread cancellation (e.g., $50,000 per borrower is not something the president is pushing).
Here. Dayen paints Chopra as someone who finds ways to get positive things done through hard work and imaginative use of agency powers. How does the industry react to this? Here is one paragraph: Financial firms didn’t want to see anyone rousing the machinery of the federal government, and they groused about Chopra to anyone and everyone. […]
Lauren Henry Scholz of Florida State has written Private Rights of Action in Privacy Law, William & Mary Law Review, Forthcoming. Here's the abstract: Many privacy advocates assume that the key to providing individuals with more privacy protection is strengthening the power government has to directly sanction actors that hurt the privacy interests of citizens. This […]