Newsroom
For millions of Americans, student loans have opened doors to a college degree— offering new opportunities to create a better life. But the rapid growth of...
By
Rohit Chopra
The "Financial Aid Shopping Sheet" gives college-bound students what they have been craving: real numbers and a format that makes sense of a huge financial...
By
Richard Cordray
According to the CFPB's estimates, outstanding student loan debt in the United States topped $1 trillion in 2011 — $864 billion of federal student debt and...
Today, Americans owe more than $150 billion in private student loan debt – and many borrowers are struggling to pay it back.
By
Richard Cordray
Servicemembers and veterans are very attractive to for-profit colleges because they fill a need to enroll students who are not using Title IV federal...
By
Holly Petraeus
We are the first agency ever created with the sole purpose of protecting consumers in the financial marketplace. It is no easy task, but it is crucial...
By
Richard Cordray
These comments contain unique, detailed, and personal depictions of consumer experiences with private student loan debt.
Higher education is a critical part of the American dream. But for many students today, this dream can only be realized through borrowing. Figuring out how...
By
Richard Cordray
We are turning the corner out of the most damaging and frightening financial crisis of our lifetimes. As we move into a future reshaped by this crisis, we...
By
Richard Cordray
Let me emphasize at the outset that we all have certain goals in common: a strong and vibrant financial sector; the ability to earn and maintain the...
By
Richard Cordray
From my work with Jump$tart over the years, I know you to be a leader in improving financial literacy from kindergarten to college.
By
Richard Cordray
This new tool is an interactive, online platform designed to help families decide how much to borrow for higher education.
By
Richard Cordray
The Bureau today launched the next phase of its Know Before You Owe student loan project by releasing a beta version of the Financial Aid Comparison...
I deeply believe that reporters play an important role in ensuring our government operates fairly, efficiently, and honestly. This role includes a new task...
By
Richard Cordray
The CFPB will assist all borrowers experiencing problems taking out a private student loan, repaying their private student loan, or managing a student loan...
Today, the Senate Health, Education, Labor, and Pensions (HELP) Committee released data which revealed that education benefits administered by the...
I said that I would always welcome your thoughts about our work. I stand by that commitment. I am pleased to be here with you today to tell you about our...
By
Richard Cordray
Moreover, we need and want to hear from you. At every stage, I believe that input from Congress will help improve our work and our ability to deliver real...
By
Richard Cordray
Servicemembers, veterans and their families are eager to earn college degrees. And there is an increasing effort by for-profit colleges to enroll them, due...
By
Holly Petraeus
I am honored to serve as the first Director of the Bureau and to work with the talented and committed team we are building there.
By
Richard Cordray
I’d like to thank everyone at the CFA for your leadership and extraordinary work on consumer financial reform on behalf of ordinary Americans.
By
Raj Date
Private student loans are financial products used for higher education that are not originated through the federal student loan program. Many students...
Our mission at the CFPB is to help consumer financial markets work by making rules more effective, by consistently and fairly enforcing those rules, and by...
By
Raj Date
This is why the CFPB is assisting the Department of Education with creating a "financial aid shopping sheet" that colleges could use to improve information...
By
Raj Date
Today, I'd like to talk about how the Bureau is working to make a better student loan market, and I'd like to announce an exciting initiative with the...
By
Raj Date
