| Volume 122 Number 13 |
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The People’s Lawyer’s Tip of the Day
Credit card bills are packed with new and hidden fees. Among one of the most common is the late fee. Don’t rely on the Post Office. Pay online and be sure your bill is paid on time. Click here for more.
FDA panel votes against Duchenne muscular dystrophy drug
A U.S. Food and Drug Administration panel voted against approval for eteplirsen, a drug that has shown promise with Duchenne muscular dystrophy patients in small trials. Eteplirsen has been shown to prolong the ability of boys with the disease to walk long beyond the time they'd be expected to do so. However, the panel voted against the drug because a clinical trial included just 12 patients and no control group. Click here for more.
Your Money
To help borrowers easily navigate the complexity of student loan repayment options, the U.S. Digital Service and the Department of Education’s Office of Federal Student Aid have launched StudentLoans.gov/Repay to help drive students to their best repayment option in five steps or less. Built mobile-first, and using human-centered design, StudentLoans.gov/Repay was designed to make repayment information as easy to understand as possible. Click here for more.
For the Lawyers
CFPB cannot force for-profit college group to comply with investigative demand. The United States District Court for the District of Columbia ruled that due to a lack of authority under existing consumer protection laws, the Consumer Financial Protection Bureau (“CFPB”) cannot require a for-profit college accrediting group to comply with a civil investigative demand (“CID”) to determine the group’s method for accrediting schools. Consumer Financial Protection Bureau v. Accrediting Council for Independent Colleges and Schools, Case No. 1:15-01838 Click here for more.