Student Loans

Senators Call Out Kraninger to ‘Do Your Job’

Eight Senate Democrats are calling on Kathleen Kraninger, the director of the Consumer Financial Protection Bureau, to “do your job” and “stand up” to Betsy DeVos, the Secretary of Education, over an “abandonment” of regulating part of the student loan servicing market. The Democrats, including Sen. Elizabeth Warren [D-Mass.] and …

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Hearing Today To Determine if DeVos Should be Held in Contempt For Violating Order To Not Collect From Corinthian College Students

A hearing is being held today to determine whether Betsy DeVos, the Secretary of Education, should be held in contempt of court for allegedly continuing to collect on loans made to former students of the bankrupt, for-profit Corinthian College, in violation of a court order prohibiting those collection efforts. The …

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