Private Student Loan Oversight
Amid the Coronavirus Pandemic
In an issue brief, the SBPC, outlines the gaps in knowledge of the private student loan market, the harms those gaps induce, and the specific steps that the CFPB needs to take to address them.
With private student loan borrowers especially vulnerable to economic disruptions caused by the coronavirus pandemic, the brief lays out why the CFPB must revive and expand efforts at data collection to protect private student loan borrowers during this pandemic and beyond. If it fails to do this, Congress should immediately step in.
Read the Report: Private Student Loan Oversight Amid the Coronavirus Pandemic