As the Web Communications Associate, Julianna contributes to Woodstock’s communications, data analysis, and online presence through social media management and strategy. Prior to joining Woodstock Institute, Julianna worked as the media and communications intern for One Million Degrees and as a student resident at Kartemquin Films. Through her work at Woodstock, Julianna hopes to learn more about Chicago’s nonprofit sector.
"As a Chicagoan, I have personally seen how the current financial system preys on poorer communities and communities of color, leading to limited opportunities for them to grow. I am pleased that Woodstock Institute has given me the opportunity to help change the system."
Julianna received her Bachelor of Science in Journalism from Northwestern University’s Medill School of Journalism.
Recent posts by Julianna Nunez
In an important move against deceptive and abusive debt collection tactics, the U.S. Department of Education severed ties with Pioneer Credit Recovery, Navient’s debt collection arm, and four other debt collection agencies. Woodstock Institute applauds the Department of Education for ending its relationships with debt collectors that mislead students about their options.
The Consumer Financial Protection Bureau (CFPB) is coming under fire in Congress. The CFPB supervises the activities of banks with over $10 billion in assets. The “Consumer Financial Protection Bureau Examination and Reporting Threshold Act of 2014” would change the CFPB “big bank” threshold from at least $10 billion in assets to at least $50 billion in assets, decreasing the number of banks the CFPB currently supervises by two-thirds. The Dodd-Frank Act gave the CFPB authority to supervise the largest banks in the United States, but changing the threshold would make a big impact on the number of banks the CFPB monitors and an even bigger impact on the number of consumers the CFPB could protect.
When then-governor Pat Quinn signed the Secure Choice retirement savings bill into law in January, reporters and policy wonks across the country took notice because the Illinois program could become a model for other states and the federal government.
President Barack Obama recently proposed to remove a major tax benefit from 529 accounts, which millions of families use to save money for college. The account name, 529, refers to section 529 section of the Internal Revenue Code. According to a New York Times article, experts say these tax-advantaged accounts primarily benefit affluent families. Altogether, seven million families are using 529 plans and have saved $217 billion. The article notes that families with an income of over $200,000, which puts them in the top 6 percent of the population, hold 70 percent of 529 accounts. The president’s proposal would have replaced all current college savings tax preferences with a single tax credit that would be more widely available to middle-class families, but that proposal had no chance of passing this Congress. Due to public pressure, President Obama withdrew his proposal to remove tax benefits from 529 accounts. While Woodstock Institute applauds President Obama for trying to make college more accessible for the middle class, there is much more that can be done.
President Barack Obama’s State of the Union speech proposed new initiatives to help middle-class Americans, including education, job growth, infrastructure, and climate change initiatives. While these initiatives, if implemented, could improve economic security for the middle class, we still have a long way to go to ensure that those at the bottom of the income distribution—not just the middle class—also have opportunities to advance.
President Barack Obama recently proposed the America’s College Promise plan to make community college free for two years, a proposal which could benefit millions of students and help reduce student loan debt.
The Consumer Financial Protection Bureau (CFPB) recently published a report detailing how loopholes in the Military Lending Act (MLA) are negatively affecting the military servicemembers it was designed to protect. When Congress passed the MLA, its purpose was to protect military servicemembers from predatory lending practices. That was back in 2007, and now the Department of Defense (DoD) has proposed revisions to the MLA that will close some of the loopholes.
Revisions to the Community Reinvestment Act (CRA) Questions and Answers proposed by federal banking regulators are open for public comment until November 10. The revisions target retail banking and community development to help ensure that banks meet the needs of low- and moderate-income (LMI) people and communities.
Mortgage data from the Home Mortgage Disclosure Act (HMDA) allows researchers and advocates to examine trends in the mortgage and housing market and, more importantly, detect patterns of discrimination.
A troubling new report from the Consumer Financial Protection Bureau (CFPB) suggests that many of the problems in the subprime mortgage market that precipitated the housing crisis may be occurring with private student loans as well.
Shark Week is a summertime staple from the Discovery Channel, but this year, advocates are targeting a different kind of shark: loan sharks. While sharks in the ocean prey on fish and other aquatic animals, payday lenders, also known as loan sharks, prey on people in need by offering them loans with high interest rates that are difficult to pay off.