Our new report summarizes complaints from private student loan borrowers about difficulties faced when working with a lender or servicer to avoid default...
We announced a lawsuit against for-profit college chain Corinthian Colleges, Inc. We allege that the company lured in tens of thousands of students to take...
We understand that fear – it's why we built our Paying for College tool. It helps students and recent graduates inform themselves about the true cost of...
We're joining the Departments of Veterans Affairs (VA), Defense (DoD), and Education (ED) to better protect servicemembers, veterans, and their family...
When you're told that your college will be shutting down, there can be a lot of uncertainty about what comes next. Here are some options to help you...
While rates aren't set in stone yet, interest rates on new federal student loans are expected to jump this July. We've updated our Paying for College tool...
To help you navigate these new waters, we've just launched a crisp new version of our Paying for College tool kit. Making apples-to-apples comparison of...
Today, we filed a lawsuit against ITT Educational Services, Inc., accusing the for-profit college chain of predatory student lending. We believe that ITT...
Some of these agreements were difficult to find, but here are a few examples of the different agreements financial institutions have with colleges and...
In particular, we frequently hear that the process to allocate an extra payment to your loan with the highest interest rate – generally the best way to...
Today, the CFPB is very pleased to join the Departments of Veterans Affairs, Defense, Education, and Justice, as well as the Federal Trade Commission, in...
This morning, CFPB Director Richard Cordray, Education Secretary Arne Duncan, and Acting Deputy Treasury Secretary Mary Miller convened a meeting with the...
A number of recent graduates have asked us: why is my student loan interest rate so high? And how can I more quickly pay off this loan? Often borrowers have...
This fall, college graduates across the country will start to send payments on their student loans to their servicers. Loan servicers are companies that...
Many college students receive scholarships, grants, and student loans to help them pay rent, get to and from school, and cover other costs, like textbooks...
A few weeks ago, we released new estimates on the size of the student loan market, which is approaching $1.2 trillion, with federal student loans crossing...
Today, we released a mid-year update analyzing complaints from private student loan borrowers. The update explores some of the challenges consumers face...
Last month, we published a report on student loan affordability, which talked about the problems borrowers experienced when repaying student loans with high...
Last week, we published a report on student loan affordability, which discussed the low levels of activity in the student loan refinance market. Since that...
Join us for a field hearing in Miami-Dade County, Florida on student loan borrowers. The hearing will take place on Wednesday, May 8 at 6 p.m. EDT. The...
A few weeks ago, we announced that we're gathering information to identify policy options for borrowers to find affordable options on their private student...
In case you missed it, yesterday Director Cordray announced our proposed rule on student loan servicers. As so many families are all too aware, the cost of...
This post is part of a series for National Consumer Protection Week Americans owe more than a trillion dollars in student loan debt. That's more than we owe...