student loan debt

CFPB sued for allegedly failing to supervise student loan servicers

11/25/19

Democracy Forward filed the lawsuit Monday against the consumer bureau, Director Kathy Kraninger, the U.S. Department of Education and Education Secretary Betsy DeVos.

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How about educating the student before the loan?

11/20/19

Several proposals in Congress requiring clear disclosures on student loans could help lower defaults.

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Digit's latest feature tackles student loan debt

10/31/19

Digit is applying its automated-savings techniques to the growing problem of student loan debt.

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Another day, another Capitol Hill grilling for CFPB's Kraninger

10/17/19

In her second day of congressional testimony, Kathy Kraninger took heat from Senate Democrats for weighing in on constitutional questions about her agency and for her enforcement track record.

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'These foolish ideas': Comments of the week

09/19/19

Readers react to plans by Democratic presidential candidates to reform college tuition, credit unions buying more banks, whether the next president could fire the CFPB head and more.

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What student lenders think about Warren, Sanders reform plans

09/12/19

The CEOs of Sallie Mae and Discover Financial Services were largely dismissive this week of the threat posed by the two Democratic presidential candidates, though their optimism seemed to be rooted in an assumption that the more sweeping proposals will never become law.

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CU consortium to forgive student loans under CFPB order

06/14/19

Student CU Connect CUSO, which had made high-risk loans to students of the now-bankrupt ITT Technical Institute, agreed to a settlement resulting in an estimated $168 million of loan forgiveness.

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U.S. stepping up enforcement of delinquent student loans

05/13/19

The U.S. government stepped up collections on delinquent student debt to $2.9 billion last year — or an average of $1,000 from 2.9 million former students and their cosigners, according to the Treasury Department.

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Most steer clear of in-school loans. This fintech wants in

04/25/19

Earnest hopes offering a streamlined process can help it thrive in a risky niche.

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Senate Dems press CFPB on student loan forgiveness

04/05/19

The lawmakers are questioning the agency about its oversight of student loan servicers involved in a federal loan forgiveness program.

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