On September 29, 2015, the Bureau of Consumer Financial Protection (Bureau) joined with the U.S. Department of the Treasury and the U.S. Department of Education to release a Joint Statement of Principles on Student Loan Servicing as a framework for policymakers and market participants looking to improve student loan servicing practices, promote borrower success, and mitigate defaults. This Policy Guidance sets forth those joint principles.
Document
Joint Statement of Principles on Student Loan Servicing
On September 29, 2015, the Bureau of Consumer Financial Protection (Bureau) joined with the U.S. Department of the Treasury and the U.S. Department of Education to release a Joi...
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Federal Register Citation
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80 FR 67389
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“Joint Statement of Principles on Student Loan Servicing,” thefederalregister.org (November 2, 2015), https://thefederalregister.org/documents/2015-27775/joint-statement-of-principles-on-student-loan-servicing.