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What Richard Cordray, Biden's Student Loan Czar, Has Said About Canceling Debt


What Richard Cordray, Biden s Student Loan Czar, Has Said About Canceling Debt
On 5/4/21 at 10:38 AM EDT
U.S. Department of Education Secretary Miguel Cardona appointed Richard Cordray, a progressive ally and longtime opponent of debilitating student loan debt, as the agency s chief operating officer of federal student aid on Tuesday.
Cordray, former head of the Consumer Financial Protection Bureau (CFPB), will oversee the federal government s $1.6 trillion portfolio of student loans and financial aid programs. Cordray most likely will handle the daunting and impending task of restarting student loan debt collection which has been suspended due to the pandemic through at least September 30. Cordray issued a statement following his appointment this week which acknowledged the insurmountable debt faced by tens of millions of Americans who sought an education. Currently, 43 million Americans hold nearly $1.5 trillion in student loan debt. ....

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Bipartisan bill would fix decades-old student loan problem for divorced Americans

Bipartisan bill would fix decades-old student loan problem for divorced Americans
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