What the Trump Administration Could Mean for the CFPB

November 16, 2016

    Wexler Wallace Associate Tyler J. Story explores how the Trump administration could have dire consequences for the Consumer Financial Protection Bureau.   Just over a week ago, Donald Trump rode a wave of populist resentment towards decades of middle-class

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A Generation Stalled

August 02, 2016

42 million students.  1.3 trillion in debt.  The student debt burden in America, broadly quantified. While student loans are vital to provide access to higher education, the debt also shapes the financial reality of newly-minted college graduates.  This reality has

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Corinthian Colleges, Inc. and the Misappropriation of the American Dream

September 30, 2014

Earlier this month, the Consumer Financial Protection Bureau (“CFPB”) filed a complaint against Corinthian Colleges Inc., a publicly-traded, for-profit network of schools, accusing it of running a predatory lending scheme.[1] The complaint alleges, among other things, that Corinthian: inflated job placement

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The High Price of Easy Money: Another Bill Comes Due

July 01, 2014

Consider the following: Banks lure consumers into substantial loans in return for minor payments in the near-term. The loan payments eventually adjust to include both the interest and principal amount. Consumers lack the resources to cover the higher payments; a

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