Direct Recovery

JANUARY 31, 2021

The topic of student loan debt, and more specifically the idea of erasing it, became a hot-button issue in the final months and weeks heading into the 2020 election, and while we are likely to see a more progressive position from the new administration in Washington, there is a mountain of trouble brewing for students and their parents here in California.

Loans 52

Loans Student loans Student Loans Education 52

Public Citizen

JANUARY 31, 2021

Erik Durbin and Charles J. Romeo, both of the Consumer Financial Protection Bureau, have written  The Economics of Debt Collection, with Attention to the Issue of Salience of Collections at the Time Credit Is Granted, 16 Journal of Credit Risk (2020). Here is the abstract: This paper considers the role of policies that protect consumers from aggressive debt collection tactics.

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Collections 45

Public Citizen

JANUARY 31, 2021

by Jeff Sovern. Here. Both written and audio versions of the article are available. The article also reports on scam call centers overseas. I hope this is something the Biden administration moves on aggressively in its foreign policy.

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