Students and young Americans
Helping borrowers find ways to stay afloat
We asked what you thought should be done to help private student loan borrowers find affordable repayment options and over 28, 000 of you responded. Read what we heard.
- Download a spreadsheet of the comments as an .xls sheet or in .csv format.
- Read comments submitted by consumer groups, financial institutions and nonprofit organizations.
Paying for College
From start to finish, we can help you make informed financial decisions about paying for college.
Repay student debt
While we can’t give you advice for your exact situation, we can point you in the right direction.
Student loan reports
Student loan affordability
On May 8th, we released a report discussing comments we received in response to a request for information and outlining options policymakers and market participants should consider to help student borrowers manage their debt.
Annual report of the CFPB student loan ombudsman
Based on complaints, comments, and other input, we explain how some borrowers face obstacles when repaying their private student loans.
Private student loans
With the Secretary of Education, we submitted a report to Congress. Thousands of consumers gave us their comments.
Student cards and checking
Financial products marketed to students
We issued a public notice asking consumers, schools, and industry about financial products marketed to students on college campuses. Check out the submissions.
Managing your college money
Choosing your first bank account is an important decision. Unlike that first school ID photo, your first banking relationship could last long after you graduate. Making a smart decision now will mean fewer surprise fees that can add up later.
Leveling the playing field
Know Before You Owe
In partnership with the Department of Education, we’ve developed a financial aid shopping sheet to improve the way schools communicate financial aid offers. More than 500 colleges have agreed to use the shopping sheet.
What we heard – We released a prototype and received feedback from the public
Colleges agree to adopt financial aid shopping sheet – Read the Department of Education’s announcement
Military education accountability
We’re working with the Departments of Education, Defense, and Veterans Affairs to take steps to ensure that servicemembers, veterans and their families can get the information they need about the schools where they spend their education benefits.
Read more about the CFPB’s work for students on our blog
Speeches, Op-eds, and testimony
Student debt domino effect?- Rohit Chopra, 5/09/2013
Prepared remarks for a press call on proposed rule on student loan servicers- Richard Cordray, 3/14/2013
Debt déjà vu for students – Rohit Chopra, 10/25/2012
Congressional Forum on Student Loans in Chicago, IL – Rohit Chopra, 8/27/2012
Written testimony at a Senate hearing on private student loans – Rohit Chopra, 7/24/2012
Prepared Remarks for a Press Call about the “Financial Aid Shopping Sheet”- Richard Cordray, 7/23/2012
Prepared Remarks for the Private Student Loan Report Press Call-Richard Cordray, 7/19/2012
Too Big to Fail: Student debt hits a trillion- Rohit Chopra, 3/21/2012
