Jonathan Harris Examines Potential CFPB Response to Training Repayment Agreement Provisions

Jonathan Harris (’10), Associate Professor of Law at Loyola Law School, was quoted in Bloomberg Law discussing how the Consumer Financial Protection Bureau (CFPB) may bring enforcement actions against employers requiring workers to fulfill a set period of employment under training repayment agreement provisions (TRAPs), effectively creating job training debts that hold workers back from pursuing better jobs elsewhere (“Employers Face CFPB Scrutiny Over Job Training Repayment Demands,” Apr. 21). “Employers that use these TRAPs have, by doing so, chosen to wade into the CFPB’s jurisdiction.”