News Releases

News Release | U.S. PIRG | Financial Reform

Overdrafts continue to hit students hard on campus

Today, the Consumer Financial Protection Bureau (CFPB) released a report shining a spotlight on contracts between banks and colleges to promote debit cards on campus.  Students continue to get hit hard with overdraft fees attached to their campus bank accounts. According to the report, nearly one in ten consumers in the population with student accounts incurred 10 or more  overdrafts per year, paying, on average, $196 in overdraft fees alone. Below is a detailed analysis by US. PIRG's Chris Lindstrom, who championed the protections that the CFPB is reporting on. This report is one more example of why we need a strong CFPB. 

News Release | MASSPIRG EDUCATION FUND | Tax

OFFSHORE TAX HAVENS COST AVERAGE MA SMALL BUSINESS $5,845 A YEAR

Small business in Massachusetts would have to shoulder an extra $5,845 in taxes to make up for the revenue lost due to the abuse of offshore tax havens by multinational corporations, according to a new report by MASSPIRG Education Fund. 

News Release | U.S. PIRG | Consumer Protection

Consumer Advocates Concerned By Court Ruling Overturning Ban on High-Powered Magnets

We've joined leading consumer and pediatrician organizations in a joint news release with a sharp critique of a U.S. appellate court decision overturning a U.S. Consumer Product Safety Commission ban on the sale of high-powered small magnets (some as small as BBs) that pose a severe ingestion problem for children and youth. As our Trouble In Toyland report released on November 22 pointed out: "Nearly 80 percent of high-powered magnet ingestions require invasive medical intervention, either through an endoscopy, surgery, or both. In comparison, only 10 to 20 percent of other foreign body ingestions require endoscopic intervention and almost none require surgery."

News Release | MASSPIRG EDUCATION FUND | Consumer Protection

31st Annual Survey Finds Recalled Toys in Online Stores

Some toys that have been recalled for lead, powerful magnets, or other hazards can still be available for sale in online stores, according to Massachusetts Public Interest Research Group Education Fund’s 31st annual Trouble in Toyland report.

News Release | MASSPIRG EDUCATION FUND | Make VW Pay

Settlement Funds Could Connect 100% of U.S. Highway System with Electric Vehicle Chargers

Thirteen months after news of Volkswagen’s emission scandal broke, compensation for consumers and the environment is finally in sight.

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