Press Release/Statement | August 2, 2007

Expert Praises Committee Action to Improve Consumer Protections for Private Student Loans, Urges Additional Provisions

Shireman comments on the Senate Banking Committee’s passage of a bill that would improve disclosures and reduce confusion about private student loans. While this bill is a step in the right direction, Shireman urges Senators to include a provision making private loans dischargeable in bankruptcy as the bill moves forward.

Read the statement