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Congress promised instructors education loan forgiveness — but hired loan providers that managed to make it impossible

The Department of Education acknowledged Thursday so it might have done a more satisfactory job of assisting the thousands of instructors as well as other sector that is public who had been guaranteed loan forgiveness under a government-funded system that wound up rejecting 99 % of candidates. “For ten years ...

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A 12 Months Later On, Predatory Lenders Nevertheless Wish To Destroy the CFPB Payday Lending Rule

Final October, the buyer Financial Protection Bureau released its payday and lending rule that is car-title. The agency, beneath the leadership of Richard Cordray, spent 5 years developing these safeguards, including input from lenders, faith leaders, veteran and army businesses, civil legal rights groups, customer advocates, and constituents from around ...

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