Our June 2013 report “Searching for Relief” highlighted abuses in the for-profit student loan “debt relief” industry. We wrote since then to debunk the argument that these companies are just like […]
We have written previously about the problems with parent PLUS loans. This new issue brief summarizes the ways in which parent PLUS loans can be very dangerous products for borrowers […]
We urge you to read our new report: The Sallie Mae Saga: A Government-Created, Student Debt Fueled Profit Machine. Report: How Sallie Mae Became the Largest Student Loan Industry Player […]
It’s been a very busy year in the student loan world. The media, policymakers and regulators have started to wake up to the scope of student loan debt and the […]
Our June 2013 report Searching for Relief highlights problems with the emerging student loan “debt relief” industry. Since then, the CFPB issued an advisory reminding borrowers that they do not […]
The Consumer Financial Protection Bureau (CFPB) issued a rule this week that will allow the Bureau to supervise certain nonbank student loan servicers for the first time. This important move should […]
Federal Agency Student Loan News November 2013 Department of Education The Department announced a number of important new changes and programs in November, including: 1. Another round of negotiated rulemaking. […]
The discussion about student loan defaults too often assumes that it is acceptable and typical to use the full force of the government to collect from defaulted borrowers. In fact, […]
The Department of Education issued final regulations on November 1, 2013 making significant changes to a number of key student loan programs. Many of the most important changes affect the […]
The Consumer Financial Protection Bureau’s (CFPB) annual ombudsman report focuses on the problems many borrowers face trying to repay private student loans. We applaud the CFPB report, especially since it […]