The regulations target payday loan providers.
Consumer groups argue high default rates prove payday loans are dangerous.
It's a wake-up call for elected officials: Fiscal policy is on the wrong path.
More than 60 percent of all borrowers defaulted on these high-cost loans.
Companies charged up-front fees, targeted borrowrs in default.
82 percent say the nation's $17 trillion debt is the top issue in deciding how they will vote on...
Credit card delinquencies declined significantly during the first three months of the year as more...
"The average student graduates with about $29,000 of debt," one official said.
The nation’s long-term fiscal health remains a top concern that voters want their elected officials...
Lenders are allegedly pushing students to repay in full when co-signers die or go bankrupt.
House Democratic Whip says Republicans prevented serious talks.
Budget expert Stan Collender predicts Congress will raise the debt ceiling by the end of the month...
The agency is considering how best to protect consumers from predatory lenders.
The students want the Education Department to discharge fraudulent loans.
CFPB is expected to unveil the new regulations as soon as this month.
Nearly 200 interest groups on Monday backed a Defense Department plan to crack down on abusive...
Priebus’s claim comes days after the federal debt passed $18 trillion for the first time.
Durbin called for a vote on a bill that would allow the refinancing of student loan debt.
Julian Castro goes before Senate Banking for his Housing secretary confirmation hearing.
Senate budget panel will hold hearings Wednesday.
Senate Democrats and prominent economists on Wednesday ramped up efforts to grow support for a bill...
Sen. Sherrod Brown (D-Ohio) called on Congress to help college students who now have more than $1...
Sen. Rubio unveiled a series of education reform proposals.
The full faith and credit of the U.S. "will not be in jeopardy again," the House Budget chief said.