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Elizabeth Warren and other congressional members urge rulemaking by the Department of Education re: regulating college/bank...

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On April 22nd, Senator Warren, nine other Senators, and 14 members of Congress sent a letter (the “Letter”) to Secretary of Education Duncan urging that the Department of Education (DOE) exercise its rulemaking authority to...more

Ballard Spahr LLP

CFPB findings on campus banking products portend new limitations

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Findings on campus banking products released this past Monday by the CFPB in conjunction with a Banking on Campus Forum held in Washington, D.C. appear to be a harbinger of new limitations on the marketing of these products....more

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Federal Banking Agencies Encourage Student Loan Forbearance

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Federal bank regulators are recognizing the plight of student loan borrowers who are unemployed or underemployed and may not be able to begin repaying their private student loan debt shortly after leaving school....more

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