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Student Loans Questions? CFPB Has Answers…and More

For thousands of Americans, it’s college application time. And whether you or a family member are just getting the process started or already have a student loan, the Consumer Financial  Protection Bureau (CFPB) has resources to help you understand your choices and make educated decisions.


Deciding how to pay for undergraduate or advanced degrees is often a confusing, uncharted landscape for higher education hopefuls. CFPB hosts a dedicated section on its website to get you through Loans 101, and with targeted resources and answers to everything from how much to borrow to co-signing a student loan.

Turn to the key terms section to define the basics, like the difference between a default and a deferment. Click on the basics page for a vast question bank of common and not-so-common inquires answered by professionals. And for help understanding the fine print, an applicant’s rights section clearly states what every student should know when applying for education funding.

NTEU is proud to represent dedicated men of women of the CFPB who work to keep the financial system fair and open to everyone.