November 18, 2014
In an important step forward, as reported in Huffington Post, the U.S. Treasury Department will create a pilot program to serve as the debt collector on federal student loans, a function currently performed by private contractors. As soon as early 2015, the Treasury Department could task federal employees with helping… Read More»
Tags: debt collector, Department of Education, Education Department, Elon University, federal student loans, Government Accountability Office, Huffington Post, National Consumer Law Center, Pounding Student Loan Borrowers: The Heavy Costs of the Government's Partnership with Debt Collection Agencies, private contractors, Sarah Raskin Bloom, student loan, student loan servicer, Treasury Department, University of Michigan
February 19, 2014
Have you ever suspected your school is receiving kickbacks from banks in exchange for promoting their products and services on campus? Turns out, they probably are. Last week, the Government Accountability Office (GAO) released a report expressing concerns over such partnerships between banks and universities, and they’re not alone. In… Read More»
Tags: campus partnerships, CARD act, CFPB, college loans, consumer financial protection bureau, credit cards, debt, Government Accountability Office, student debt, students
