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Department of Education
Unfair, Kafkaesque practices torment borrowers, the Consumer Financial Protection Bureau says.
In a new report, 73.1 percent of loans with one servicer ended up in default.
"If the department continues this inaction and refuses to hold its servicers to a higher standard, millions will suffer."
"The federal government has abdicated its responsibility to properly serve student loan borrowers."
WHAT'S HAPPENING
A new government website is helping Americans make more educated decisions about where they go to college.
Few issues in education are more important than ensuring equitable access to high-quality teachers."
A group of former Corinthian Colleges students continues to await promised debt relief despite "fast-track" assurances.
Sorry Arne Duncan.
But the university isn't hiding its annoyance with the lengthy investigation.
As House Budget chair, he wanted it gone. Now, Kasich tells Republicans to tone down the rhetoric.
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