Showing posts with label Students. Show all posts
Showing posts with label Students. Show all posts

Thursday, February 21, 2013

CFPB Announces New Push To Alleviate Mounting Student Loan Debt

CFPB Announces New Push To Alleviate Mounting Student Loan Debt: The Consumer Financial Protection Bureau on Thursday unveiled a new initiative to help the nation’s 37 million former college students who are struggling to pay off a combined $1 trillion in student loans. In a press release, CFPB Director Richard Cordray said he is instructing his agency to begin drafting possible proposals aimed at lowering [...]/p

Sunday, November 18, 2012

Subprime Students: How Wall Street Profits from the College Loan Mess | Common Dreams

Subprime Students: How Wall Street Profits from the College Loan Mess | Common Dreams
"Five years after Wall Street crashed the economy by irresponsibly securitizing and peddling mortgage debt, the financial industry is coming under growing scrutiny for its shady involvement in student loan debt."