NOT ENOUGH: Bankers are making a 'troublingly low' number of student-loan mods that are 'in the best interest' of borrowers and debt investors, said Rohit Chopra, student loan ombudsman at the CFPB.

Three Takeaways from Senate Panel's Private Student Loan Hearing

Senate Banking Committee members pressed regulators Tuesday about the extent of industry efforts to gain greater flexibility in modifying or delaying repayment of troubled student loans.

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