The Republicans are completely okay with predatory lending and sham educational institutions targeting students. Trump even had a sham school himself, until of course he settled for hundreds of millions of dollars in fraud lawsuit settlements. That’s what you do when you’re a fraud. Now it looks as though they seek to make all that legal by neutering oversight at the CFPB. #MAGA
The nation’s student loan watchdog has resigned from the Consumer Financial Protection Bureau, arguing that its current leadership has undermined efforts to protect student borrowers.