CFPB Chief Says Education Department Is Blocking Student Loan Oversight Enlarge this image toggle caption J. Scott Applewhite/AP J. Scott Applewhite/AP The director of the Consumer Financial Protection Bureau says the Trump administration's Education Department is getting in the way of efforts to police the student loan industry. "Since December 2017," Kraninger wrote in the letter, "student loan servicers have …
Federal Watchdog Issues Scathing Report On Ed Department's Handling Of Student Loans Enlarge this image Hanna Barczyk for NPR Hanna Barczyk for NPR Updated at 3:13 p.m. ET A critical new report from the U.S. Department of Education's Office of Inspector General finds the department's student loan unit failed to adequately supervise the companies it pays to manage the nation's …
Why Public Service Loan Forgiveness Is So Unforgiving Enlarge this image toggle caption Cameron Pollack/NPR Cameron Pollack/NPR Update: Many student borrowers have responded to this story by sharing stories of their struggles with PSLF. This is the story of Seth Frotman, the mangling of the program known as Public Service Loan Forgiveness, and what it says about America's student loan …
Episode 869: The Student Loan Whistleblower Enlarge this image Cameron Pollack/NPR Cameron Pollack/NPR As the student loan ombudsman for the Consumer Financial Protection Bureau, Seth Frotman watched as the Department of Education became one of the biggest banks in the country. Planet Money #869: The Student Loan Whistleblower The Student Loan Whistleblower Listen · 20:32 20:32 So, the department called …