The Department of Education (ED)’s office of Federal Student Aid (FSA), which oversees the government’s massive student loan portfolio, launched a new Office of Enforcement last week to overhaul oversight of postsecondary schools that participate in federal student loan programs.
FSA Chief Operation Officer Richard Cordray, a former attorney general in Ohio who served as the director at the Consumer Financial Protection Bureau (CFPB) under President Obama and wrote “Watchdog: How Protecting…
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