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CFPB Turns Focus to Student Loans to Servicemembers

By Graham W. Gerhardt on July 10, 2015

Posted in CFPB, Education Finance, SCRA, Student Loan Servicing

CFPB Turns Focus to Student Loans to Servicemembers The Consumer Financial Protection Bureau (CFPB) recently published a report highlighting the difficulties military personnel encounter when dealing with servicers of student loans. Driven by the receipt of over 1,300 complaints from servicemembers regarding the collection and servicing of their student loans, the CFPB’s report (Overseas & Underserved: Student Loan Servicing and the Cost…