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.