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Charlene Crowell

FTC announces record $191M settlement against University of Phoenix
Charlene CrowellOpinion

FTC announces record $191M settlement against University of Phoenix

Charlene CrowellDecember 19, 2019

The University of Phoenix (UOP), one of the nation’s largest for-profit colleges will pay a record $191 million settlement to resolve charges stemming from a five-year investigation by the Federal Trade Commission (FTC). On December 10, Andrew Smith, Director of FTC’s Bureau of Consumer Protection noted it was the largest settlement the Commission has obtained in a case against a for-profit school.

FDIC and OCC Proposals Would Strip Away Payday Loan Rate Caps In 16 States and in DC
BusinessCharlene CrowellNews (Business)Opinion

FDIC and OCC Proposals Would Strip Away Payday Loan Rate Caps In 16 States and in DC

Charlene CrowellNovember 28, 2019

For most people who either work, receive retirement or other fixed benefits, it seems that your money always goes a lot quicker than it comes. While some economists marvel at Wall Street’s brisk trading and declare that the economy is better than ever, not everyone has been included.  On Main Street America, millions of people know that the cost of living is rising faster and higher than their incomes.

Housing Discrimination Complaints Reach a 24-Year High, While HUD Rolls Back Fair Housing Rules
BusinessCharlene CrowellNationalNews (Business)OpinionReal Estate

Housing Discrimination Complaints Reach a 24-Year High, While HUD Rolls Back Fair Housing Rules

Charlene CrowellNovember 21, 2019

As a candidate, President Donald Trump promised if elected that deregulation of the federal government would be an administration priority. Soon after taking the oath of office, he issued an executive order requiring that all departments and agencies to eliminate two existing regulations for every one new regulation proposed. In some cases, rules that were adopted prior to his term office but had not yet taken effect were either suspended or delayed.

Senate Education Chair blocks bipartisan bill to extend HBCU funding
BusinessCharlene CrowellEducationNews (Business)Opinion

Senate Education Chair blocks bipartisan bill to extend HBCU funding

Charlene CrowellOctober 10, 2019

Each year as families beam with pride at seeing a son, daughter or another relative graduate from college, that achievement is nearly always the result of a family’s commitment to higher education.  And when these institutions are among the more than 100 Historically Black Colleges and Universities (HBCUs), that pride is magnified by the history of how our forefathers overcame what once seemed to be insurmountable challenges.

102 House Members Rebuke Delay of Payday Loan Rule Waters Led Effort Supported by Many CBC Members
BusinessCharlene CrowellEconomyFinanceNews (Business)OpinionPolitical

102 House Members Rebuke Delay of Payday Loan Rule Waters Led Effort Supported by Many CBC Members

Charlene CrowellSeptember 5, 2019

Anyone who struggles with the rising costs of living knows all too well how hard it is to try stretching dollars when there’s more month than money in the household. Predatory lending, like payday and car-title loans, worsen financial stress with triple-digit interest rates that deepen the debt owed with each renewal.   

A national crisis: Surging hate crimes and White Supremacists
Charlene CrowellOpinion

A national crisis: Surging hate crimes and White Supremacists

Charlene CrowellAugust 15, 2019

A Saturday morning shooting rampage in El Paso, Texas on August 3 took the lives of 22 people, and seriously injured more than two dozen others. Reportedly, the alleged shooter wanted to kill as many Mexicans as he could. Armed with safety glasses, ear coverings and an assault-style rifle, the shooter entered a Walmart store during a back-to-school sale.

Regulatory Rollback on Student Loans Takes Away Borrower Protections
BusinessCharlene CrowellNews (Business)Opinion

Regulatory Rollback on Student Loans Takes Away Borrower Protections

Charlene CrowellJuly 4, 2019

Every Fourth of July celebrates this nation’s founding. But this year, only a few days before the annual freedom celebration, an ill-advised governmental action will financially doom rather than free millions of student loan borrowers – as of July 1. Moreover, this action arrives as the cost of higher education continues to soar and household incomes remain largely stagnant.

Reparations Must Include the Costs of Predatory Lending New University Studies Track High Costs of Discriminatory Housing
Charlene CrowellEconomyFinanceReal Estate

Reparations Must Include the Costs of Predatory Lending New University Studies Track High Costs of Discriminatory Housing

Charlene CrowellJune 7, 2019

In recent years, the spate of homicides linked to questionable uses of deadly weapons and/or force, have prompted many activist organizations to call for racial reparations. From Trayvon Martin’s death in Florida, to Michael Brown’s in Missouri, Eric Garner’s in New York and many other deaths — a chorus of calls for reparations has mounted, even attracting interest among presidential candidates.