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2013-02-27
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Request for Information Regarding an Initiative To Promote Student Loan Affordability
Notices
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United States
Bureau of Consumer Financial Protection
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This notice requests information from the public to determine options that would increase the availability of affordable payment plans for borrowers with existing private student loans. Section 1035 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd- Frank Act) establishes an ombudsman for student loans (Ombudsman) within the Consumer Financial Protection Bureau (Bureau). Among other things, the Ombudsman is responsible for making ``appropriate recommendations'' to the Director of the Bureau, the Secretary of the Treasury, the Secretary of Education, and Congress. In October 2012, the Ombudsman presented a report, which recommended that policymakers identify opportunities to spur refinance and modification activity in the private student loan market. This notice seeks information from market participants, consumers, and other stakeholders in order to provide more detailed information on ways to encourage the development of more affordable loan repayment mechanisms for private student loan borrowers.
78 FR 13327
https://www.govinfo.gov/app/details/FR-2013-02-27/2013-04419
2013-04419
fr27fe13-41
4810-AM-P
Docket No. CFPB-2013-0004
https://www.govinfo.gov/app/details/FR-2013-02-27/2013-04419
https://www.govinfo.gov/content/pkg/FR-2013-02-27/html/2013-04419.htm
https://www.govinfo.gov/content/pkg/FR-2013-02-27/pdf/2013-04419.pdf
3 p.
13327
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78 FR 13327
Request for Information Regarding an Initiative To Promote Student Loan Affordability; Federal Register Vol. 78, Issue
NOTICE
2013-04419
BUREAU OF CONSUMER FINANCIAL PROTECTION
2013-04-08
Docket No. CFPB-2013-0004
4810-AM-P
2013-04419
Notice and request for information.
This notice requests information from the public to determine options that would increase the availability of affordable payment plans for borrowers with existing private student loans. Section 1035 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd- Frank Act) establishes an ombudsman for student loans (Ombudsman) within the Consumer Financial Protection Bureau (Bureau). Among other things, the Ombudsman is responsible for making ``appropriate recommendations'' to the Director of the Bureau, the Secretary of the Treasury, the Secretary of Education, and Congress. In October 2012, the Ombudsman presented a report, which recommended that policymakers identify opportunities to spur refinance and modification activity in the private student loan market. This notice seeks information from market participants, consumers, and other stakeholders in order to provide more detailed information on ways to encourage the development of more affordable loan repayment mechanisms for private student loan borrowers.
Comments must be received on or before April 8, 2013.
For general inquiries, submission process questions or any additional information, please contact Monica Jackson, Office of the Executive Secretary, at 202-435-7275.
Request for Information Regarding an Initiative to Promote Student Loan Affordability
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http://www.regulations.gov
Federal Register
Vol. 78, no. 39
Office of the Federal Register, National Archives and Records Administration
2013-02-27
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243 p.
Table of Contents:
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GS 4.107:
AE 2.106:
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https://www.govinfo.gov/app/details/FR-2013-02-27
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0042-1219
0364-1406
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000582072
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https://www.govinfo.gov/app/details/FR-2013-02-27
https://www.govinfo.gov/content/pkg/FR-2013-02-27/pdf/FR-2013-02-27.pdf
https://www.govinfo.gov/content/pkg/FR-2013-02-27/xml/FR-2013-02-27.xml
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