How the CFPB is trying to keep the student loan debt bubble from bursting
On Thursday, the CFPB called for the public’s input on how private student loans could be more affordable and repayment options could be improved. As reported by the Huffington Post, outstanding student loan debt has ballooned to more than $1.1 trillion as of 2012. Private student loans make up about 15% of that debt. The federal…