Press Release/Statement | January 4, 2012

Cordray Appointment to Lead the Consumer Financial Protection Bureau Is a Big Win for Students and Families

President Obama’s appointment of Richard Cordray to direct the Consumer Financial Protection Bureau is a big win for students and their families, signaling the beginning of the end of the ‘wild west’ of student lending. There’s finally a sheriff in town to protect consumers in the woefully under-regulated private student loan market.

Read the statement