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The U.S. Senate Banking Committee held a hearing on private student loan practices on September 17, marking the first such hearing in over a decade. The hearing featured testimonies from experts including Professor Dalié Jiménez, Aissa Canchola, and Dr. Beth Akers. Senator Raphael Warnock expressed support for the Consumer Financial Protection Bureau's efforts to return money to borrowers affected by unfair practices. The hearing was streamed live at 2:30PM ET and aimed to address the harms imposed on students and borrowers by private student lending.
Yesterday, @DrBethAkers testified to the US Senate Committee on Banking, Housing, and Urban Affairs on the private student lending and servicing market. Watch and read her testimony at the link below: https://t.co/HiUHKR99fz
Faculty news: Prof. @daliejimenez testified today before the U.S. Senate Banking Committee on the harms imposed on students and borrowers by private student lending. A live video of the full hearing: https://t.co/W5JGvMSQYD https://t.co/1UZk4qNzmg
It was an honor to testify at this hearing with @AissaRCanchola and @DrBethAkers. See the thread below 👇 for the live tweets and more! https://t.co/2kHFHK3QYY
