Alert April 30, 2013

CFPB Will Hold Field Hearing on Student Loans

The CFPB, in alignment with its recent focus on student loans, will hold a field hearing on student loan borrowers in Miami, Florida on May 8, 2013. The CFPB previously released a report on private student loans (see October 16, 2012 Alert), its private student loan examination manual (see January 10, 2013 Alert) and issued a proposed rule defining "larger participants" of the student loan market (see March 19, 2013 Alert).