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Elizabeth Warren drills Chief Business Officer For Federal Student Aid Student Loans
Elizabeth Warren drills Chief Business Officer For Federal Student Aid Student Loans William Leith for rewarding Student loan servicers for providing bad service.
Whenever average Americans rip off insurance companies, it generally gets reported widely. Hard working honest Americans are usually appalled. Most importantly, the perpetrators of the crime are generally sent to jail. After-all, if there is no penalty for cheating, said cheating will continue and grow.
“Let me get this straight: You break the law. You don’t follow the rules. You treat the borrowers badly,” Warren said of the loan servicers. “And you all just renegotiated the contracts to make sure that across the portfolio [loan servicers] are going to make a little more money if nothing changes?”
http://egbertowillies.com/2014/09/11/elizabeth-warren-student-loan-servicers/
