Visit WisPolitics-State Affairs for premium content,
keyword notifications, bill tracking and more
Home » Press Releases » Dept. of Justice: AG Kaul joins CFPB and 10 states in securing an order requiring prehired to provide students more than $30 million in relief for allegedly illegal student lending practices
MADISON, Wis. – Attorney General Josh Kaul along with 10 states and the Consumer Financial Protection Bureau (CFPB) announced today that Prehired will provide more than $30 million in relief to student borrowers, for allegedly making false promises of job placement, trapping students with income share loans that violated the law, and resorting to abusive debt collection practices when borrowers co...