Richard Cordray: “We do not want to dry up access to credit, and maintaining that balance is quite important.”

The fastest growing segment of student loan borrowers is actually older Americans.

We had known about these types of problems from our own sources, but if any institution feels that they can divide and conquer among the regulators, they should know that that is a mistake.

If we're not getting value for that money, we should not be spending it.

I remain committed to ensuring the OCC completes its review of this matter and takes additional actions to hold the bank and individuals accountable as warranted.