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CFPB Director Chopra Statement on Edfinancial and Student Loan Cancellation for Public Service
March 31, 2022
WASHINGTON, March 31 -- The Consumer Financial Protection Bureau issued the following statement by Director Rohit Chopra on Edfinancial and student loan cancellation for public service:

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The Consumer Financial Protection Bureau (CFPB) has sanctioned Edfinancial for deceiving student loan borrowers about their eligibility for Public Service Loan Forgiveness, and the steps they could have taken to obtain loan cancellation.

In 2008, President George W. Bu . . .

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