The Hill Fred Burnside September 24, 2023 The Consumer Financial Protection Bureau faces a constitutional reckoning when the Supreme Court hears arguments on Oct. 3 in CFPB v. Community Financial Services Association of America. Trade associations successfully argued at the Fifth Circuit Court of Appeals that the CFPB’s structure violates the Appropriations Clause because the CFPB does not receive […]
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U.S. Department of Education September 20, 2023 Relief stems partly from evidence provided by the Federal Trade Commission, which obtained a $191 million settlement from the school in 2019 The Biden-Harris Administration today announced the approval of nearly $37 million in borrower defense to repayment discharges for more than 1,200 students who enrolled at the […]
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PYMNTS September 14, 2023 The Consumer Financial Protection Bureau (CFPB) is looking into, and warning students about, the risks faced by students when entering into agreements with colleges for tuition payment plans. The regulator has released a report focused on these plans and the practices of school-based lenders. It will also continue gathering and analyzing information on these topics, […]
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MARKETPLACE Stephanie Hughes September 15, 2023 The California State University system — the country’s largest public university system — will be raising its tuition by 6% a year for five straight years, starting in fall of 2024. That’ll be an overall increase of 33% when all is said and done. And it means each of the […]
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