Student Loan Complaint Office To Be Eliminated

By : Entertainment (now)

Published On: 2018-05-10

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WASHINGTON (Reuters) - A top U.S. consumer finance watchdog will eliminate its office meant to field student loan complaints and fold it into a broader financial education office, according to an email to agency staff on Wednesday seen by Reuters. The Consumer Financial Protection Bureau’s (CFPB) office of Students & Young Consumers has worked to educate young borrowers and respond to complaints involving exploitative student loans and other products.

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