Congress looks at making student loans more borrower-friendly

Hearings

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Private Student Loans: Providing Flexibility and Opportunity to Borrowers?

Financial Institutions and Consumer Protection

Tuesday, July 24, 2012
02:30 PM - 04:30 PM
538 Dirksen Senate Office Building

[view archive webcast]
COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS SUBCOMMITTEE ON FINANCIAL INSTITUTIONS AND CONSUMER PROTECTION will meet in OPEN SESSION to conduct a hearing entitled “Private Student Loans: Providing Flexibility and Opportunity to Borrowers?” The witness on Panel I will be: Mr. Rohit Chopra, Student Loan Ombudsman, Consumer Financial Protection Bureau. The witnesses on Panel II will be: Ms. Deanne Loonin, Attorney and Director of Student Loan Borrower Assistance Project, National Consumer Law Center; and Ms. Jen Mishory, Deputy Director, Young Invincibles. Additional witnesses may be added at a later date.

Witnesses

Panel 1

• Mr. Rohit Chopra [view testimony]
  Student Loan Ombudsman
  Consumer Financial Protection Bureau
• Ms. Deanne Loonin [view testimony]
  Attorney and Director of Student Loan Borrower Assistance Project
  National Consumer Law Center
• Ms. Jen Mishory [view testimony]
  Deputy Director
  Young Invincibles
• Mr. Jack Remondi [view testimony]
  President and COO
  Sallie Mae