Private Student Loans

Witnesses testified about the student loan process and weaknesses in the manner loans had been administered under federal loan guarantee… read more

Witnesses testified about the student loan process and weaknesses in the manner loans had been administered under federal loan guarantee programs. Although private loans make up a small slice of the $1 trillion in outstanding student debt, a new report shows that these loans have the ability to harm credit and future financial security at a disproportionately high rate. A $5 billion industry just over a decade ago, the private student lending market ballooned to four times that size before the economic crisis hit. Government officials are calling on Congress to permit private student loans to be eliminated in bankruptcy. close

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  • Rohit Chopra Ombudsman Consumer Financial Protection Bureau->Student Loans
  • Deanne Loonin Attorney National Consumer Law Center
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Private Student Loans

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Program ID:
307224-1
Category:
Senate Committee
Format:
Senate Committee
Location:
Washington, District of Columbia, United States
First Aired:
Jul 28, 2012
Last Aired:
Aug 24, 2012

Airing Details

  • Jul 28, 2012 | 11:00am EDT | C-SPAN RADIO
  • Aug 16, 2012 | 8:55pm EDT | C-SPAN 2
  • Aug 16, 2012 | 11:58pm EDT | C-SPAN 2
  • Aug 17, 2012 | 3:08pm EDT | C-SPAN 1
  • Aug 20, 2012 | 12:05pm EDT | C-SPAN 3
  • Aug 21, 2012 | 5:23am EDT | C-SPAN 2
  • Aug 24, 2012 | 9:24am EDT | C-SPAN 2
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