Defanging the CFPB Would Leave Students with Punishing Debt

Defanging the CFPB Would Leave Students with Punishing Debt

Feb, 3rd 2017

It is widely understood that making a good solid living these days often – but not always – requires getting a college education. Doing so should not mean accumulating debt that will cripple graduates’ futures.

But that is exactly what happens to millions of Americans who find themselves part of a growing nationwide crisis. This country’s student loan debt is $1.4 trillion – and growing.

The situation is only worsened when roadblocks to repayment are built. The Obama administration attempted to rein in spiraling student debt. Solving the problem will take an even greater effort by the Trump administration.

One of the first steps should include going after bad actors that take advantage of desperate people struggling to repay college loans. Along those lines, the Trump administration will have...

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