CSPAN2 Today In Washington August 21, 2012
fact enrolled and federal dollars have been collected. does the cfpb have plans to study these types of loans further and are there any recommendations that you can offer that will address the institutional loans made by the for-profit colleges and universities? >> in recent years, there has been financial reforms that have indicated a couple of principles that might be worthwhile here to mention. one is the concept of skin in the game so the dodd-frank act actually requires that lenders retain some interest even if they were to tell them to securitize pools of assets. another is con...
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