Mark Brown, the head of the office overseeing the government’s student-loan portfolio, resigned Friday, following calls on the Biden administration to remove Brown, who was appointed by former Secretary of Education Betsy DeVos. Secretary of Education Miguel Cardona said in a statement Friday morning that he’d accepted Brown’s resignation from …
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The Trump-appointed director of the Consumer Financial Protection Bureau Kathy Kraninger said Wednesday that she is resigning at the request of U.S. President Joe Biden. “As requested by the Biden administration, today I resigned as Director of the CFPB,” she said. “I am proud of all that we accomplished on …
Read More » Student-loan borrowers won’t have to resume payments on their federal direct student loans until October, the incoming Biden administration announced Wednesday. After he’s sworn in as President, Joe Biden plans to ask the Department of Education to “consider immediately” extending the coronavirus-era pause on student-loan payments and collections until at …
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