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The CFPB is taking feedback on how to further improve the form, especially looking for input from college students and their families. They can log onto http://www.consumerfinance.gov/students/knowbeforeyouowe/ to sign up to provide feedback on the CFPB’s website. Building on the model of the “Financial Aid Shopping Sheet”, the President has also tasked the Chief Technology Officer with further leveraging data and technology to help provide college- bound students and parents with more comparative information about college costs and college aid so they can make more informed decisions about where to enroll.
 
In addition, the U.S. Small Business Administration, as part of the White House-led Startup America initiative, has launched a website (www.sba.gov/startupamerica/student-startup-plan) to walk young entrepreneurs through the process of reducing their monthly student loan payments. URL.  

Also, in response to the President’s call to action to promote high-growth entrepreneurship across the country, today the Young Entrepreneur Council’s new private-sector Gen Y Fund has committed to investing $10 million in as many as 100 Millennial-generation startups, including a promise to pay down any of these young entrepreneurs’ remaining federal student loan obligations over the next three years.

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