- Published: Tuesday, August 24, 2021 08:17 AM
CHICAGO – To protect first-generation college students and families from predatory business practices, a new plan offered by State Senator Celina Villanueva (D-Chicago) that creates transparency and fairer guidelines for educational planning services was signed into law.
“This measure reels in bad actors that prey on low-income and first-generation students,” Villanueva said. “Families must have options to get out of deceptive, long-term contracts when these services are offered by the state free of charge.”
The new law requires educational planning service providers to disclose that similar services may be available at no charge from the state, allow consumers to choose which services they wish to receive and allow consumers to cancel services at any time. Consumers will also receive a full refund for services not yet provided under the law.
Read more: New law will protect college students from predatory college planning servicers