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History. The Student Borrower Protection Center was founded in late 2018 by Seth Frotman, former student loan ombudsman at the Consumer Financial Protection Bureau; Mike Pierce, former lead higher education and consumer protection adviser at the bureau; and Bonnie Latreille, a former advisor to Frotman at the bureau.
The Consumer Financial Protection Bureau (CFPB) is an independent agency of the United States government responsible for consumer protection in the financial sector.CFPB's jurisdiction includes banks, credit unions, securities firms, payday lenders, mortgage-servicing operations, foreclosure relief services, debt collectors, and other financial companies operating in the United States.
In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...
U.S. President Joe Biden announces new actions to protect borrowers after the Supreme Court struck down his student loan forgiveness plan in the Roosevelt Room at the White House on June 30, 2023 ...
The student loan forgiveness application officially opened on Monday at studentaid.gov ... The official launch of the application portal follows a beta test that offered borrowers periodic access ...
Conduent Education Services, formerly ACS Education Services, was a company that serviced private, campus-based and federal student loans. It closed on Sept. 1, 2019, and transferred its loans to ...
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