Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments October 28, 2021 erstellt
Beschreibung:
The Student Borrower Protection Center (SBPC) wrote to CFPB Director Rohit Chopra regarding grave concerns that troubling practices by Big Tech have already migrated into the higher education finance and postsecondary education space, warranting immediate action by the Bureau to uncover and neutralize possible borrower harm. SBPC have previously written to the Bureau to call attention to possibly dangerous student lending practices by one of the firms addressed in your new data collection effort—PayPal. Now, SBPC's own ongoing monitoring indicates that issues at the intersection of technology and consumer financial protection may be even more serious and widespread than previously noted