Student-debt issue goes beyond private loans, some say

05/14/2013 | AmericanBanker.com (subscription required)

Pace Bradshaw, CBA's vice president of congressional affairs, is among observers arguing that the Consumer Financial Protection Bureau needs to focus on systemic problems with the student-loan crisis instead of targeting private lenders. "The bigger picture is that private student loans are very much a small part of the market and [private lenders'] loans perform significantly better," Bradshaw said.

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