Lawsuit: CFPB and Education Department Neglecting Oversight of Student Loan Debt Abusers

December 2, 2019
Top government agencies are "ignoring student loan industry abuses at a time when stronger consumer protection laws are desperately needed," according to a new lawsuit. Nonprofit Student Debt Crisis is suing the CFPB and the Education Department for lax oversight of the federal student loan complex. Program Director for the organization, Cody Hounanian, joined Cheddar Politics to talk about the allegations against the agencies.