The legal problems facing Navient, one of the nation’s largest student loan debt collectors, mounted on Thursday as California’s attorney general said he would file a lawsuit accusing the company of widespread deceptions and mistakes that cost borrowers millions of dollars. The accusations echo those in a major enforcement case against Navientthat was started by the Consumer Financial Protection Bureau last year, in the final days of President Obama’s administration. The bureau is still pursuing the case, but consumer advocates fear it will be dropped or settled by Mick Mulvaney, the…
Read MoreTag: California
California Border Schools Celebrate Bilingualism
Almost 30,000 students attend classes in the Chula Vista Elementary School District in California. The elementary school district is the largest in the state. It operates 45 schools between the city of San Diego and the United States border with Mexico.The majority of students are between five and 12 years old. The district is also one of California’s most diverse. Sixty-eight percent of students are Hispanic and 35 percent are learning English. Some of the students come from the Mexican city of Tijuana and speak Spanish at home. The English…
Read MoreTwo major California research institutes will merge
One of the biggest nonprofit biomedical research outfits in the world is getting a new translational medicine research arm, aimed at speeding the conversion of basic research insights into novel medicines. Yesterday, officials at the Scripps Research Institute announced that it will merge with the California Institute for Biomedical Research (Calibr), which was launched in 2012 as a nonprofit version of a drug development company. Both Scripps and Calibr are headquartered in San Diego, California, and led by Scripps chemist Peter Schultz. In an interview yesterday, Schultz said that he…
Read MoreCalifornia Is About to Raise the Minimum Wage to $15 Per Hour
Gov. Jerry Brown announced Monday that California has reached a “landmark deal” to increase the state’s minimum wage to $15 an hour by 2022, after lawmakers made atentative agreement over the weekend. If approved by the state assembly, the deal will make California the first state in the nation to adopt a $15 minimum wage for all workers. (Photo Credit: brainchildvn/Flickr) Cities like Seattle and Los Angeles have already started phasing in minimum wages of $15 an hour, and other cities, counties, and states have passed laws raising pay for…
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