Exclusive: Turf War Blocked CFPB From Assisting Fix Education Loan Forgiveness System

Exclusive: Turf War Blocked CFPB From Assisting Fix Education Loan Forgiveness System

Kathleen Kraninger is manager associated with the customer Financial Protection Bureau, a company that has been thwarted because of the U.S. Department of Education from examining issues with a difficult education loan forgiveness system. Andrew Harrer/Bloomberg via Getty Images hide caption

Kathleen Kraninger is manager of this customer Financial Protection Bureau, a company that has been thwarted because of the U.S. Department of Education from examining issues with a distressed education loan forgiveness system.

Beginning early this past year, the country’s strongest customer protection agency delivered examiners into businesses that operate education loan call facilities to attempt to fix a distressed loan forgiveness system. However the Department of Education blocked the bureau from obtaining the given information it required, NPR has learned.

Senators Press CFPB To Dig Into Public Provider Loan Forgiveness Issues

The general public provider Loan Forgiveness Program was designed to help firefighters, army solution people, nonprofit employees as well as others. But lots of people state these were addressed unfairly and rejected.

Certainly one of them had been Wendy Feliciano, a authorities sergeant into the Bronx borough of the latest York City. Continue reading “Exclusive: Turf War Blocked CFPB From Assisting Fix Education Loan Forgiveness System”