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Department of Education Releases Report on Strengthening the Student Loan System to Better Protect All Borrowers

Washington, DC–(ENEWSPF)–October 1, 2015.  As part of a continued effort to protect student loan borrowers and in response to President Obama’s Student Aid Bill of Rights, the U.S. Department of Education (Department) today released a new report outlining a series of statutory, regulatory, and administrative recommendations to safeguard student borrowers. The report, developed in consultation with the Department of the Treasury (Treasury) and the Consumer Financial Protection Bureau (CFPB), builds on years of work by the Administration to help Americans manage their student loan debt and protect the most vulnerable borrowers.

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