Blog | Consumer Financial Protection Bureau

Info for consumers

Published AUG 17, 2015

When you make student loan payments on an income-driven plan, you might be in for a payment shock

For borrowers who are experiencing financial distress and looking for a way to pay back their federal student loans, income-driven repayment plans can be...

By Seth Frotman

Info for consumers

Published JUL 08, 2015

It’s not too late to share your #studentdebtstress story

Some borrowers have already shared with us their experiences with their student loan servicer (the company that sends a bill each month). We've released the...

By Seth Frotman

Info for consumers

Published JUN 10, 2015

Sound off on student loan servicing

We now want to hear from you. If you’ve had problems with student loan debt or run into repayment roadblocks, share your story.

By Nora Dowd Eisenhower

Info for consumers

Published MAY 14, 2015

Live from Milwaukee!

Today, we held a field hearing on student debt in Milwaukee. The hearing featured remarks from Director Richard Cordray, as well as testimony from consumer...

Info for consumers

Published MAY 14, 2015

Tell us about your student debt stress

If you are paying back student loans, you are not alone. Over 40 million Americans are repaying more than $1.2 trillion in outstanding student loan debt...

By CFPB Web Team

Info for consumers

Published MAY 06, 2015

Reminder: What happens to your student loans if your school is shut down

In light of recent closures of certain for-profit colleges, we wanted to share some helpful advice to help you navigate the situation.

By Rohit Chopra

Info for consumers

Published APR 29, 2015

Save the date, Milwaukee!

Join us for a field hearing in Milwaukee on student debt. The hearing will take place on Thursday, May 14 at 10 a.m. CDT.

By Zixta Q Martinez

Info for consumers

Published FEB 03, 2015

Special announcement for Corinthian students

Along with the U.S. Department of Education, today we announced more than $480 million in forgiveness for borrowers who took out Corinthian College's...

By Rohit Chopra

Info for consumers

Published JAN 29, 2015

Seeking answers for struggling student loan borrowers

Today, we're asking several players in the student loan industry to find out what progress they've made. We're looking to find out what loan modification...

By Rohit Chopra

Info for consumers

Published DEC 29, 2014

A New Year’s resolution to conquer your student debt

For all of you faced with student loan payments and crafting New Year’s resolutions to conquer your debt, we’ve put together some tips to help you navigate through the noise.

By Rohit Chopra

Data, research, and reports

Published DEC 15, 2014

Sunshine for college credit card agreements

Today, we're releasing a report that looks at deals between financial institutions and colleges to market credit cards to students. This year we found that...

By Will Sealy and Wei Zhang

Info for consumers

Published NOV 17, 2014

Veterans: Take advantage of student loan forgiveness, but don’t let it damage your credit

We encourage all consumers to check their credit report regularly, but we want to especially encourage veterans who use this benefit to be sure that their...

By Rohit Chopra and Holly Petraeus

Info for consumers

Published OCT 16, 2014

Struggling private student loan borrowers are still searching for help

Our new report summarizes complaints from private student loan borrowers about difficulties faced when working with a lender or servicer to avoid default...

By Rohit Chopra

Info for consumers

Published SEP 16, 2014

Special notice for Corinthian students

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...

By Angela Peoples

Info for consumers

Published SEP 03, 2014

Student loan debt doesn’t have to be scary: Leah’s story

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...

By Ashley Gordon

At the CFPB Policy and compliance

Published AUG 26, 2014

Working together to protect student veterans

We're joining the Departments of Veterans Affairs (VA), Defense (DoD), and Education (ED) to better protect servicemembers, veterans, and their family...

By Holly Petraeus

Data, research, and reports Info for consumers

Published AUG 06, 2014

Alerting colleges about secret banking contracts

We called on financial institutions to publicly disclose agreements with institutions of higher education to market financial products to students and...

By Rohit Chopra

Info for consumers

Published JUL 02, 2014

What happens to your student loans if your school is shut down

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...

By Rohit Chopra

Info for consumers

Published APR 14, 2014

Explainer: Federal student loan interest rates to jump

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...

By Rohit Chopra

Info for consumers

Published APR 10, 2014

Choosing a college is a big deal. We can help!

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...

By CFPB Web Team

Policy and compliance

Published FEB 26, 2014

We’re protecting students from predatory lending

Today, we filed a lawsuit against ITT Educational Services, Inc., accusing the for-profit college chain of predatory student lending. We believe that ITT...

By CFPB Web Team

Data, research, and reports

Published FEB 12, 2014

What sunshine for student financial products can show us

Some of these agreements were difficult to find, but here are a few examples of the different agreements financial institutions have with colleges and...

By Rohit Chopra

Data, research, and reports Info for consumers

Published FEB 03, 2014

We asked about your student loans and you answered

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...

By Rohit Chopra

Policy and compliance

Published JAN 30, 2014

New feedback system for GI Bill and Tuition Assistance recipients

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...

By Holly Petraeus

At the CFPB

Published JAN 09, 2014

Helping student loan borrowers stay afloat

This morning, CFPB Director Richard Cordray, Education Secretary Arne Duncan, and Acting Deputy Treasury Secretary Mary Miller convened a meeting with the...

By Rohit Chopra