CFPB Report Details Student Borrower Harms from Servicing Failures and Program Disruptions
November 15, 2024
November 15, 2024
WASHINGTON, Nov. 15 -- The Consumer Financial Protection Bureau issued the following news release:
The Consumer Financial Protection Bureau (CFPB) today released the annual report of the CFPB Student Loan Ombudsman, highlighting the severe difficulties reported by student borrowers due to persistent loan servicing failures and program disruptions. The report details how millions of student borrowers have received relief through new income-driven repayment plans, cancellation program . . .
The Consumer Financial Protection Bureau (CFPB) today released the annual report of the CFPB Student Loan Ombudsman, highlighting the severe difficulties reported by student borrowers due to persistent loan servicing failures and program disruptions. The report details how millions of student borrowers have received relief through new income-driven repayment plans, cancellation program . . .