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The Consumer Financial Protection Bureau Proving it’s the Right Agency For The Job When Regulating Student Loans

You’ve probably watched their TV commercials that air during shows like Law and Order, promising a rewarding career to reel students in. Like many for-profit colleges, ITT has allegedly been exploiting students and pushing them into taking out huge loans, knowing they would probably end up in default. Students who have been getting the run around from companies handling their student loans now have the Consumer Financial Protection Bureau (CFPB) to help assist them obtain recourse against these for profit colleges.

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