Chester County News and Community Website
The Consumer Financial Protection Bureau (CFPB) recently released a special edition of Supervisory Highlights on recent examination findings covering the practices of student loan servicers, and schools that lend to students …
CFPB Exam Reveals Illegal Collection Tactics by Student Loan Servicers Read More
WASHINGTON, D.C. — The U.S. Department of Education (Department) released proposed regulations on July 6, 2022, that would expand and improve the major student loan discharge programs authorized by the …
Education Department Releases Proposed Regulations to Expand and Improve Targeted Relief Programs Read More
WASHINGTON, D.C. — The U.S. Department of Education recently announced it will discharge all remaining federal student loans borrowed to attend any campus owned or operated by Corinthian Colleges Inc. …
U.S. Dept. of Ed to Cancel Loans for 560,000 Borrowers Who Attended Corinthian Read More
WASHINGTON, D.C. — the Consumer Financial Protection Bureau (CFPB) says that numerous student loan borrowers have recently submitted complaints about companies promising student loan forgiveness or loan forbearance in exchange …
Consumer Advisory: Don’t Give Money or Information to Scammers Promising Student Loan Forgiveness Read More
WASHINGTON, D.C. — Yesterday, Representatives Chrissy Houlahan (D-PA) and Jim Baird (R-IN) announced their bipartisan legislation, the Public Service Loan Forgiveness (PSLF) Payment Completion Fairness Act, to make a long-overdue …
Reps Houlahan, Baird Introduce Bipartisan Legislation to Simplify Student Loan Forgiveness for Public Servants Read More
WASHINGTON, D.C. — The U.S. Department of Education (Department) recently announced an extension of the pause on student loan repayment, interest, and collections through August 31, 2022. While the economy …
Biden-Harris Administration Extends Student Loan Pause Through August 31 Read More
WASHINGTON, D.C. — On Friday, the Consumer Financial Protection Bureau (CFPB) released a bulletin detailing student loan servicers’ obligation to halt unlawful conduct regarding borrowers’ eligibility and benefits under the …
CFPB Steps Up Scrutiny of Student Loan Servicers That Deceive Borrowers About Public Service Loan Forgiveness Read More