The Students and Young Consumers Empowerment Act aims to amend the Consumer Financial Protection Act of 2010 by creating the role of Assistant Director and Student Loan Borrower Advocate. This position will lead the newly established Office for Students and Young Consumers...
Simple Explanation
The bill wants to help students by making a new leader and office to give advice about student loans and teach about money, but there are worries it might repeat work others already do and cause privacy issues.