has cut staff<\/a> at the Consumer Financial Protection Bureau and directed the agency to “deprioritize” student-loan oversight, which could put borrowers at heightened risk of predatory behavior.<\/p>\nA group of Democratic lawmakers said in a February report that with the new borrowing caps, “lenders have far less of an incentive to provide borrowers with loans on terms that are commensurate to those of federal loans, such as by offering comparable interest rates or protections for borrowers who become permanently disabled.”<\/p>\n
Have a story to share about student loans? Contact this reporter at <\/em>asheffey@businessinsider.com<\/em><\/a>.<\/em><\/p>\n<\/p><\/div>\n