Student Consumer Action Network

After Wall Street practices brought down the entire U.S. and parts of the world economies, Congress finally stepped up in July 2010 and created the MASSPIRG Students-backed Consumer Financial Protection Bureau (CFPB), a new agency that will act as a counterbalance to the banks and ensure that the credit cards, mortgages, and student loans that consumers use are safe and easy to understand. When you have a complaint about a bank or credit card company, you can call on the new CFPB.

Our economy needs to be fair to consumers in order to function. While a company may make a short-term profit from ripping off consumers or putting an unsafe product on the market, it's not good for anyone in the long term. 

Our consumer program works to protect consumers by:

  • Alerting the publice to hidden dangers, scams, and unsafe products
  • Educating consumers about the choices available by conducting price surveys of various products and services available to students in an effort to allow them to the make the best choices for themselves.
  • Educating consumers about their rights in the marketplace by producing consumer guides to help people navigate the marketplace.
  • Advocating for change by working to build the support it takes to pass consumer protection legislation in our states and in D.C.

As students, we're particularly vulnerable to some specific consumer issues:

Issue updates

News Release | The State PIRGs | Higher Ed

Students to Congress: Don’t Double Student Debt Rates

Washington, D.C. – With the student loan interest rate about to double this July for almost 8 million loan borrowers, MASSPIRG and coalition partners deliver over 130,000 letters to Congress urging a different plan.

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Blog Post | Higher Ed

Stop student loan interest rates from doubling. | Hannah Hutchinson

This July, students will see their federal student loan interest rates DOUBLE unless Congress acts. If rates double some of us would pay almost $5,000 more to repay our loans.

As states cut budgets, and grant aid diminishes, students are relying more on loans to pay for college. On average, we graduate with $25,000 in loan debt. That’s twice as much as students a decade ago.

There is a plan in Congress to keep student loan interest rates low, but our Congressmen need to act now.

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FAILbook

Summary

Facebook makes it pretty tough for you to control who gets to see your personal information. This guide will walk you through, step by step, how to adjust your settings to control who can see your information on Facebook.

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Groups target textbook prices to rein in college costs

A push to create free or inexpensive textbooks is gaining momentum as educators, philanthropists and policymakers nationwide search for new ways to rein in college costs.

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Blog Post | Consumer Protection, Waste

Updated Bottle Bill Campaign Announces Business Support | Abe Scarr

State House, Boston—In a move designed to counter the big business lobbyists who oppose the bill, the Campaign for an Updated Bottle Bill today launched “Businesses for the Updated Bottle Bill,” an effort which has already garnered the endorsement of 350 small businesses around the state.

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