CFPB to Reconsider the Payday Rule
January 16, 2018. The Consumer Financial Protection Bureau (CFPB) announced on January 16, 2018 that it plans to "reconsider" the Payday Rule.
Department of Education Kills Policy of Totally Forgiving Defrauded Corinthian Students' Loans
December 20, 2017. A new process looks at average incomes for specific programs to determine whether student loans should be fully or partially forgiven.
Fail to Pay Your Student Loans, Maybe Lose Your Professional or Driver’s License
December 14, 2017. In some states, a borrower who defaults on student loan payments might lose a state-issued professional or other license.
Public Service Loan Forgiveness Program May End
December 1, 2017. House Republicans want to end the federal program that provides student loan forgiveness for those in public interest jobs.
Congress Shoots Down CFPB Rule Allowing Consumers to Sue Banks and Other Financial Companies
October 24, 2017. Congress passed a bill that killed a regulation from the Consumer Financial Protection Bureau that would have prohibited financial institutions from including forced-arbitration language in consumer contracts.