Abandoning BorrowersSeptember 4, 2018 | :
by Idaho Mountain Express
The common wisdom is that college is a must-take route to lifetime success. Most people fuel their journey with student loans. A federal agency created to make sure education consumers have protection is siding with financial sharks instead.
Student-loan oversight was a significant part of the portfolio of the Consumer Financial Protection Bureau, created in 2010 to act as a counterweight against the power and influence of the financial industry. The current administration is hell-bent on reversing that counterweight.