Finally, these reforms include a new Consumer Financial Protection Agency to prevent predatoryloan practices and other abuses to ensure that consumers get clear information about loans and other financial products before they sign on the dotted line.
While no one wants to file for bankruptcy protections on student loans (or any other type of loan for that matter), their removal from student loans has clearly caused a systemically predatory lending system the likes of which this country has never seen, and has also enabled the intolerable tuition inflation already mentioned.