When Seth Frotman left his post as student loan ombudsman at the Consumer Financial Protection Bureau (CFPB) in August, his scathing resignation letter to Mick Mulvaney accused the acting director of suppressing a report detailing how numerous entities have taken advantage of college students through excessive product fees and other means related to student lending.
The bureau’s Office for Students and Young Consumers, which was folded as part of an office reorganization undertaken by Mulvaney, completed the report in October 2017, more than a year before it was made public.
Find out what details the controversial report highlights about the practices and the impact to students.