Senators Press CFPB To Dig Towards Difficulties With Public Provider Student Loan Program

Senators Press CFPB To Dig Towards Difficulties With Public Provider Student Loan Program

Kathleen Kraninger, manager associated with the customer Financial Protection Bureau, testifies ahead of the House Financial solutions Committee on March 7. On, she faced questions from senators about problems with a student loan program for public service workers thursday. J. Scott Applewhite/AP caption that is hide

Kathleen Kraninger, director associated with the customer Financial Protection Bureau, testifies ahead of the House Financial solutions Committee on March 7. On Thursday, she encountered concerns from senators about issues with an educatonal loan system for general public solution employees.

Four U.S. Senators told your head associated with country’s top customer security agency Thursday her to launch examinations into serious problems with a program designed to offer loan forgiveness to public service workers that they want.

An NPR story this week unveiled that the buyer Financial Protection Bureau attempted such examinations but had been thwarted because of the Trump administration’s Department of Education.Continue reading