2014
Watch the Consumer Financial Protection Bureau
Student Loan Lawyer / 0 Comments /Several years back, as part of the Dodd Frank Law, Congress passed, and the President
signed, the part of the law creating the Consumer Financial Protection Bureau. The Bureau has many functions but one is to monitor the student loan situation in the country and propose changes etc. In a prior post, I mentioned a litigation that the CFPB brought against a for profit educational institution.
A perusal of the website for the CFPB reveals that it has other useful tools for borrowers, including instruments to assess how much debt one should take on and general information about the student loan crisis going on in the country.
I expect this agency to lead the charge with respect to continuing to find ways to deal with the student loan crisis. Its web address is consumerfinance.gov if you want to check it out.
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