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19

Student Loan Suit Is Bold Gambit on Eve of Trump Presidency

By Tony Seruga

Ballooning student debt has been increasingly compared to subprime mortgages. That helps explain why the Consumer Financial Protection Bureau just ripped a page out of the crisis playbook and accused the loan servicer Navient of cheating borrowers on their loans for college. Suing just 48 hours before Donald J. Trump is sworn in as the 45th American president is nevertheless a bold gambit by the same agency that nailed Wells Fargo for opening fake accounts…

Student Loan Suit Is Bold Gambit on Eve of Trump Presidency

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