Category: Industry and markets

Student loan affordability

This report analyzes and discusses public comments submitted in response to a Request for Information Regarding an Initiative to Promote Student Loan Affordability published in the Federal Register in February 2013 (Docket ID: CFPB-2013-004). The notice detailed a series of topics and questions to elicit feedback from the public, including:

  • How student loan burdens might impact the broader economy;
  • How distressed borrowers manage their student loan obligations;
  • What options currently exist for borrowers to lower their monthly payments on student loans;
  • Examples of successful alternate repayment programs in other markets and which features could
    apply to the market for private student loans; and
  • The most effective mechanisms for communicating with distressed borrowers.
Full report

Read the report here