After keeping it hidden for months, the Consumer and Financial Protection Bureau has finally released a report on high fees that banks charged to college students, possibly in violation of Department of Education rules.
Consumer Financial Protection Bureau records related to companies charging legally dubious account fees to college students. These records include an unpublished report by CFPB that was sent to the Department of Education in February of 2018.
FOIA to CFBP seeking the report concerning “legally dubious account fees” for student loans referenced in Seth Frotman’s August 27, 2018 letter of resignation to CFPB Acting Director Mick Mulvaney.