The agency referenced kickback arrangements regarding mid-2000s in which colleges was in fact incentivized to-drive children into specific money
An individual Monetary Security Agency will study surgery at colleges you to definitely bring personal financing right to students, it told you Thursday.
The new CFPB is updating their examination actions to adopt good category of Kansas payday loans funds referred to as organization student loans. They’re not typically affiliated with the brand new You.S. Agency off Education’s federal education loan system but they are supplied by universities themselves.