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Tag: Seth Frotman
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Income Share Agreements Might Discriminate Against HBCU Students, Report Says
The Student Borrower Protection Center (SBPC) and the NAACP Legal Defense and Educational Fund, Inc. (LDF) sent a joint demand letter to Stride Funding, a higher education lending company, expressing concern that their income share agreements are pricier for students who attend minority serving institutions like historically Black colleges and universities.
April 1, 2021
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AFT Hits White House as Student Loan Watchdog Chief Resigns
The president of the American Federation of Teachers union is sharply criticizing the Trump administration following a top official’s announcement Monday that he is resigning Friday from the federal Consumer Financial Protection Bureau. The departure of Seth Frotman – who has been with the bureau since its creation by Congress in 2011 and has served […]
August 28, 2018
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CFPB Officials Liken Student Loan Scams to Mortgage Scams
Consumer Financial Protection Bureau student loan ombudsman Seth Frotman recently shared his concern over predatory practices in student loan repayment programs to those that led to the mortgage crisis nearly a decade ago.
September 22, 2015
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