In another case, the IG found that a company charged borrowers monthly fees to, quote, 'put their loans into forbearance with the stated promise of eventually enrolling them in the Public Service Loan Forgiveness or some other debt reduction program even though the borrowers in some cases were not qualified for these programs,' end of quote.
Cummings discusses predatory practices by student loan companies.
Share
More from Elijah Cummings
If you wanted to keep your products away from kids, you would support holding bad businesses accountable for illegal sales, not adding loopholes.
an accumulation of errors, including, quote, a systemic absence of leadership over an extended period of time, end of quote, and a failure, quote, to provide due diligence over the systems, end of quote
I am extremely proud that our committee is holding the first hearing on D.C. Statehood in the House of Representatives in more than 25 years.
By direction of the Committee on Oversight and Reform, I call up the resolution (H. Res. 497) recommending that the House of Representatives find William P. Barr, Attorney General of the United States, and Wilbur L. Ross, Jr., Secretary of…
Other voices in this conversation
