New York law bans contracts that trap workers with debt

A new law bans agreements that trap workers into staying or paying to leave by creating employer-driven debt. The legislation, inspired by a cosmetologist's lawsuit over unreceived training fees, prohibits and defines such contract terms, preventing their enforcement in New York courts. The law, effective in about a year, was supported by the New York State Nurses Association and the Student Borrower Protection Center, noting commonality of these agreements in their fields.