is Robert Cameron, who comes to the bureau from a scandal-plagued loan servicer named the Pennsylvania Higher Education Assistance Agency, better known as PHEAA. Which is to say, he joins the bureau from a perch high up in the very industry he is now supposedly going to oversee and help regulate.
Frotman, the previous ombudsman, blasted the CFPB’s decision to appoint Cameron. “It is outrageous that an executive from the student loan company that has cheated students and taxpayers, and is at the center of every major industry scandal over the past decade, is now in charge of protecting borrowers rights,” he said in a statement. “This is an insult to the nation’s 45 million borrowers who deserve an advocate in their corner.”Sen.
“The CFPB student loan ombudsman is supposed to protect students from getting cheated,” she wrote on Twitter. “But the Trump administration’s pick for the job is an executive at a student loan servicer that got over 9,000 complaints from borrowers. In my administration, the CFPB will work for the people.”
As legal experts and student-loan advocates point out, PHEAA is often cited as one of the worst offenders when it comes to mistreatment and alleged wrongdoing by student-loan servicers, the middlemen who send the bills and process the payments. In 2017, Massachusetts Attorney General Maura Healey
Honestly looking forward to 4 more years
That’s what he will get at election
Yea I went to devry and submitted for loan dispersement 19 months ago. They said I'd have an answer in 6 months, and I've called dozens of times and they just tell me it's pending with no timetable for anything. Trump goes out of his way to hurt middle class Dems.
That can't possibly surprise you
Of course, he needs to keep his base as happy and as dumb as possible! Great picture also, had not seen it before and would like to know when / where while saying what he had done that “very presidential GESTURE!”!
'Only the best people' 🤬🤬🤬🤬🤬 VoteBlueToSaveAmerica
KAG2020
ImpeachmentHearingsNow
But his hands are so tiny ¯\\_(ツ)_/¯
Trump drained the swamp, and replaced it with sewage.
That must be why I got this call about a student loan I don’t have
Can anyone find a picture of another president doing this?