October 28, 2014
A new report released today by the Consumer Financial Protection Bureau (CFPB) reveals data that both federal and private student loan servicers are using illegal tactics to maximize their profits at the expense of borrowers. These illegal practices include charging unfair late fees and making harassing debt collection calls –… Read More»
Tags: CFPB, consumer financial protection bureau, debt, Department of Education, loan servicers, loans, student debt, student loans, students
April 24, 2014
On Tuesday, Jane Timm published a piece on MSNBC.com titled, “Students seek loan forgiveness in overwhelming numbers.” The piece claims that student loan borrowers are enrolling in the Department of Education’s flexible student loan repayment plans, some of which include debt forgiveness, in “record numbers.” Unfortunately, Timm drastically misses the… Read More»
Tags: Congressional Budget Office, debt, Department of Education, Income-Based Repayment, Jane Timm, loans, MSNBC, MSNBC.com, New York Federal Reserve, Senate HELP committee, student debt, student loan forgiveness, student loans
January 9, 2014
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Tags: CFPB, consumer financial protection bureau, debt, Department of Justice, DOJ, financial aid, loans, student debt, student loans, tuition
