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Private Loans, Public Complaints

This report is the second of several that will review complaints to the CFPB nationally and on a state-by-state level. In this report we explore consumer complaints in the private student loan sector with the aim of uncovering patterns in the problems consumers are experiencing with their student loans.

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News Release | Tax

JPMorgan Shouldn’t Get Tax Break for “London Whale” Settlement

“On Wednesday, reports emerged that JPMorgan Chase will agree to admit to wrongdoing and pay a $100 million penalty for improper market manipulation that led to a multibillion dollar trading loss. Yet unless the Commodity Futures Trading Commission (CFTC) explicitly forbids it, the bank could write off the settlement as a tax deduction, forcing taxpayers to shoulder some of the cost of JPMorgan’s admitted reckless behavior.

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Media Hit | Transportation

On the Move: New technology leads to less driving

It seems like the younger generation does just about everything online: shop, watch movies and even find dates. A new study shows that online services are even helping people drive less.

Public interest research group Maryland PIRG found that transportation apps and vehicle-sharing apps such as Zipcar have made it easier for Americans to drive less.

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Blog Post | Consumer Protection

CFPB Report Shows Credit CARD Act Works | Ed Mierzwinski

Last week, the CFPB released a report showing that the landmark PIRG-backed Credit CARD Act of 2009 is saving consumers billions of dollars by helping them avoid penalty fees and unfair interest rate increases. We joined CFPB director Richard Cordray and others in Chicago to discuss the report's findings.

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Media Hit | Transportation

Technology driving younger generations' shift away from cars, study finds

New car-sharing services, travel applications and other technological tools are contributing to the broader shift away from driving among Americans, especially younger ones interested in digital multitasking on the go, according to a study released Tuesday by the U.S. PIRG Education Fund.

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Media Hit

Some TV stations rise to challenge of covering Baltimore's bloody summer

O'Doherty also pointed to a report in January by the Maryland PIRG Foundation, which self-identifies as a consumer advocate organization, that gave Baltimore a B+ in transparency.  The grades were based on the ability of city residents to be able to track budgets, contracting grants and requests for quality-of-life services on a city's website.

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Big Pharma’s Pay-for-Delay Deals Take a Hit

Big Pharma’s controversial “pay-for-delay” agreements took a hit today. In FTC v. Actavis, the U.S. Supreme Court ruled that the FTC’s case against the payoff keeping generic AndroGel from the market can move ahead in the lower courts.

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News Release | Higher Ed

Interest Rates for 105,027 Student Loan Borrowers in Maryland Set to Double on July 1

Baltimore, MD– Unless Congress acts, on July 1, the interest rate for 105,027 student loan borrowers in Maryland will double from 3.4 percent to 6.8 percent. According to an issue brief released today by Maryland PIRG, the rate increase would hike the cost of Maryland students’ loans by $95,469,543 million. That translates into a $909 increase in debt per student, per loan.

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News Release | Public Health, Health Care

New Report Documents a Decade of Safety Violations by Compounding Pharmacies

Baltimore, May 23 – The contaminated drug that caused last fall’s fungal meningitis outbreak and killed 55 people is just the tip of the iceberg of an industry-wide problem, according to a new report released today by Maryland PIRG. The meningitis outbreak was simply the latest and deadliest in a long line of errors and risky practices by compounding pharmacies.

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News Release | Maryland PIRG Foundation | Transportation

New Report: Reduction in Driving Likely to Continue

 

As the number of miles driven by Americans heads into its eighth year of decline, a new report from the Maryland PIRG Foundation finds that the slowdown in driving is likely to continue. Baby Boomers are moving out of the phase in their life when they do the most commuting, while driving-averse Millennials move into that phase. These demographic changes will likely keep driving down for decades, according to the report, “A New Direction: Our Changing Relationship with Driving and the Implications for America’s Future.”

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Report | Maryland PIRG Foundation | Tax, Transportation

Do Roads Pay for Themselves?

Highway advocates often claim that roads “pay for themselves,” with gasoline taxes and other charges to motorists covering—or nearly covering—the full cost of highway construction and maintenance. They are wrong.

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Report | Maryland PIRG Foundation | Consumer Protection

Trouble in Toyland

The 2010 Trouble in Toyland report is the 25th annual Public Interest Research Group (PIRG) survey of toy safety. In this report, U.S. PIRG provides safety guidelines for consumers when purchasing toys for small children and provides examples of toys currently on store shelves that may pose potential safety hazards.

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Report | Maryland PIRG Foundation | Transportation

A Track Record of Success

As America moves toward construction of new high-speed rail networks in regions throughout the country, we have much to learn from experiences abroad.

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Report | Budget

Toward Common Ground

Our nation faces unprecedented fiscal challenges, as the commitments we’ve made now and into the future far outpace our fiscal capacity. Congress, the President’s National Commission on Fiscal Responsibility and Reform, and citizens across the country must grapple with very difficult decisions about how we can put our fiscal house in order.

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Recipe for Disaster

The recall of more than 500 million eggs from two Iowa egg farms is the largest but not the last of 85 recalls that have taken place in the year since food safety reform moved to the U.S. Senate. The U.S. House of Representatives passed the Food Safety Enhancement Act (H.R. 2749) on July 30, 2009. However, the Senate’s version of the bill – the FDA Food Safety Modernization Act (S. 510) – has languished while waiting for time on the Senate’s floor schedule.

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