On July 20, 2023, the CFPB published a report concerning the risks posed to consumers by employer-driven debt. Employer-driven debt is any form of financing arrangement where an employer extends credit or a lease to an...more
9/26/2023
/ Consumer Financial Protection Bureau (CFPB) ,
Debt ,
Debt Collectors ,
Employee Training ,
Employment Contract ,
Healthcare ,
Repayment Options ,
Student Loans ,
Third-Party ,
Transportation Industry ,
Wage Deductions
On Monday, the U.S. Court of Appeals for the Fifth Circuit issued a nationwide injunction blocking the U.S. Department of Education (ED) from implementing its new borrower defense to repayment (BDR) rules. The BDR rules,...more
Wednesday’s U.S. Department of Education Dear Colleague Letter announces an expanded Department interpretation of the definition of Third-Party Servicer to include a new array of vendors providing student recruiting and...more
2/20/2023
/ Colleges ,
Data Privacy ,
Dear Colleague Letter ,
Department of Education ,
FOIA ,
Inspector General ,
Recruitment Policies ,
Reporting Requirements ,
Student Loans ,
Third-Party Service Provider ,
Title IV ,
Universities