Month: August 2018

Resignation of Seth Frotman Reinforces The Trump Administration’s Failure To Protect Student Borrowers And Taxpayers

Today, Seth Frotman, the student loan ombudsman at the Consumer Financial Protection Bureau, announced his resignation in a letter stating that the bureau has “abandoned the very consumers it is tasked by Congress with protecting.”

Resignation of Seth Frotman Reinforces The Trump Administration’s Failure To Protect Student Borrowers And Taxpayers Read More »

Delay. Delay. Delay. The Department of Education Appeals Preliminary Injunction Order and Moves to Stay Litigation Pending Appeal: What it Means and What Happens Next?

On May 25, 2018, a federal court in San Francisco granted former Corinthian borrowers’ motion for a preliminary injunction in Calvillo Manriquez v. DeVos, ordering the Department of Education to stop using its “average rulings rule” immediately, and to stop

Delay. Delay. Delay. The Department of Education Appeals Preliminary Injunction Order and Moves to Stay Litigation Pending Appeal: What it Means and What Happens Next? Read More »

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