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Home » Congress Looks to Intervene in Student Debt After CFPB Report
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Congress Looks to Intervene in Student Debt After CFPB Report

May 20, 2013
Federal action to help student loan borrowers deal with ever-increasing amounts of debt seems more likely to occur, after the CFPB issued a report highlighting how such debt burdens could be having a host of wide-ranging negative effects on the economy and society at large. Lawmakers in both the House and Senate issued statements and proposed bills to address the debts of student borrowers as the CFPB was issuing its report on student loan affordability. Sens. Elizabeth Warren, D-MA, Jack Reed, D-RI...
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