While having long - term implications for the financial health of borrowers, a present concern for consumer advocates is that it is unclear what will happen to the CFPB's ongoing lawsuit against the large student loan servicer, Navient, who was sued under the previous CFPB directorship over findings it committed
widespread fraud and abuse against student loan borrowers.
The report presents a comprehensive survey of the abundant news accounts
and prominent studies documenting the origins of the modern charter industry, its incredibly successful public relations
and marketing effort,
and the significant problems it leaves in its wake, including
widespread financial
fraud and abuse, dubious academic results,
and a weakening of democratic control of local schools.