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Tag Archives: private student loans

Whew! CFPB reanalysis of student loan data doesn’t change findings and recommendations (but CFPB’s description of reanalysis changes)

Posted in Student Loans

After reanalyzing certain sample loan level data, the CFPB announced that it is not making any changes to the key findings and recommendations in its July report to Congress on private student loans.  The CFPB had posted a “research note” on its website to accompany the report disclosing that it had been informed by the lenders… More >

CFPB issues student loan report and launches online tool for problem student loans

Posted in Student Loans

The CFPB issued today its report to Congress on private student loans as mandated by Dodd-Frank, which the CFPB describes as the “Cycle of boom and bust in private student loan market.”  Issued jointly with the Department of Education, the report consists of five parts dealing with (1) lenders, loan markets and products, (2) borrower characteristics… More >

Tell your private student loan stories to the CFPB

Posted in CFPB General

In a notice published in today’s Federal Register, the CFPB is seeking public comment on a series of questions about private student loans.  According to Rick Hackett, the CFPB’s Assistant Director for Installment Lending Markets, the CFPB wants to hear from “students, families, school counselors, lenders, servicers, and anyone who has anything to do with… More >