The SBPC’s virtual conference series convened advocates, legal experts, industry representatives, and state law enforcement officials for three panels to discuss the role of federal and state consumer law in protecting students in the marketplace for Income Share Agreements.

Panel 1
The Legal Landscape and Risks to Consumers

This panel looks at the evolution of the current market for ISAs, outline the federal legal framework that regulates all credit and debt taken on by consumers, and applies this framework to the emerging ISA market.

Keynote
Ellen Rosenblum, Attorney General, State of Oregon

Moderator
Danielle Douglas-GabrielWashington Post

Panelists
Josh Delaney, Senior Education Policy Advisor, Office of Senator Elizabeth Warren

Kevin James, Founder & CEO, Better Future Forward

Julie Margetta Morgan, Vice President, Research, Roosevelt Institute

Joanna Pearl, Former Enforcement Chief of Staff and Acting Principal Deputy Enforcement Director for the Consumer Financial Protection Bureau

Brian Shearer, Legal Director, Justice Catalyst Law and former Attorney-Advisor, CFPB Division of Supervision, Enforcement and Fair Lending

Jessica Whitney, Director of Consumer Protection, Iowa Attorney General Tom Miller

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Panel 2
Fair Lending, Discrimination, & ISAs

This panel examines the disparate impact of ISAs, particularly on women and people of color. Panelists discuss the federal and state fair lending laws intended to protect consumers from discrimination and how ISAs fit into this existing fair lending framework.

Keynote
Rohit Chopra, Commissioner, Federal Trade Commission

Moderator
Stacy CowleyNew York Times

Panelists
Alissa Gardenswartz, Shareholder, Brownstein Hyatt Farber Schreck

Tariq Habash, Head of Investigations, Student Borrower Protection Center 

Stephen Hayes, Partner, Relman Colfax  

Daniel Rogers, Founder, A.M Money

Nick Smyth, Senior Deputy Attorney General, Assistant Director of the Bureau of Consumer Protection, Pennsylvania Office of the Attorney General

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Panel 3
Consumer Protection, State Law, & ISAs

This panel explores the role that state consumer laws play in regulating ISAs and the role that state regulators and attorneys general can play in protecting students from the risks posed by these products.

Moderator
Jillian Berman, MarketWatch

Panelists
Kate Campbell, Assistant Attorney General, Oregon Department of Justice

Joanna Darcus, Staff Attorney, National Consumer Law Center

Rodrigo Garcia, Chief Financial Officer, Illinois State Treasurer’s Office 

Vaishali S. Rao, Partner, Regulatory & Compliance, Hinshaw & Culbertson LLP

Ben Roesch, Senior Fellow, Student Borrower Protection Center

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