Stroock Special Bulletin
Congratulations Graduate, Now Start Paying Back Your Loans (CFPB Issues Report on Student Loan Affordability)
On May 8, 2013, the Consumer Financial Protection Bureau ("CFPB") issued a report (the "Report") titled "Student Loan Affordability – Analysis of Public Input on Impact and Solutions." The Report analyzes and discusses comments received by the CFPB in response to its February 2013 Request for Information Regarding an Initiative to Promote Student Loan Affordability.
This Stroock Special Bulletin discusses the background to the Report and summarizes and critiques the Report's content and conclusions.