CFPB Report on Student Loans

The Consumer Finance Protection Bureau, a government entity created by the Dodd-Frank Act, has put out a new report on the student loan industry.

The report is useful in a number of ways. It differentiates private student loans from public Stafford loans, and tells the story of how the former overtook the latter and why over the last decade or so.

When trying to understand how debt influences the personal economics of university education, this report has essential descriptions of basic entities.

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