Cordray is in charge of strategic and you will working management of FSA. The guy brings thorough management and you may solutions compared to that character, and additionally an union so you can helping users and you can Western group https://paydayloan4less.com/payday-loans-ma/attleboro/. His public-service comes with multiple older state and federal positions, also because the first manager of Consumer Monetary Cover Agency (CFPB) from 2012 and you will 2017.
Through the their CFPB period, new agency lead enforcement actions you to definitely returned more than $twelve mil to 30 million Us citizens. The brand new CFPB written a customers effect system one to provided people a voice; more than 1.step 3 mil individuals had financial situations resolved by the brand new program. Around Cordray’s leadership, CFPB as well as adopted the newest statutes to safeguard the latest multiple-trillion-dollar financial business and you will grabbed tall tips to guard student loan borrowers up against abuses.
Just before joining CFPB, Cordray offered while the Ohio Attorney General, where he with his cluster retrieved over $dos mil having Ohio’s retirees, dealers, and you may entrepreneurs and took big measures to guard people out-of fake property foreclosure and you may economic predators. Cordray also supported since the Ohio Treasurer, where the guy contributed the nation’s banking, financing, debt, and you may financial support things; since the Ohio’s very first Solicitor Standard; and also in new Ohio Standard Set-up.
Cordray majored inside courtroom and you may political concept within Michigan Condition University’s James Madison College or university. The guy gained a great master’s education inside opinions, politics, and you will economics if you are a good Marshall Beginner at Oxford University inside the The united kingdomt. He then won a legislation knowledge about University out of Chi town Law University, in which he had been publisher-in-captain of your own Law Remark. He clerked to possess Judge Robert Bork into the You.S. Judge off Appeals towards Region of Columbia Circuit as well as Justices Byron White and you may Anthony Kennedy to the You.S. Best Judge. He’s got just like the argued eight times until the You.S. Best Legal and you can try a teacher of constitutional laws for the majority of decades.
FSA administers the newest government scholar financial aid apps, which-into the Fiscal 12 months 2021-given more than $112 mil during the government gives, loans, and you can performs-data funds to help you whenever 10
Richard A great. Cordray ‘s the captain doing work officer into the U.S. Institution out of Training workplace regarding Federal Pupil Assistance (FSA). 1 million people within everything 5,600 performing schools. six trillion representing more than 43.4 billion users.
Before joining the latest McKeon Class, Jeff had thorough government interactions experience in about three DC-mainly based enterprises devoted to advanced schooling, in addition to a call at-house government affairs executive to own a nationwide education loan monetary institution and a worldwide scientific college or university. A first age bracket American of The fresh Bedford, Massachusetts, Jeff is actually the first within his friends so you can scholar out of university and holds a beneficial bachelor’s degree having Celebrates inside the Political Technology of The new American College or university for the Washington, DC. He already lives in Anne Arundel Condition, Maryland together with his wife, Catherine and you will child, Anthony, in which he definitely volunteers to possess district, faith-oriented and governmental organizations.
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due to the fact Director away from Educational funding that is today Secretary Dean. Their responsibilities include supervising school funding counseling and running for college students regarding the school’s full time, Administrator MBA and you may MS software. Just before their current standing, Marilena are this new Representative Manager away from Admissions and Financial aid in the this new Leonard N. Harsh College or university away from Providers and you may a financing Accountant towards the asset government providers Lord, Abbett, & Co. During the last fifteen years, this lady has also stored numerous Ny Executive Panel positions to the not-for-finances, Thoughts Question of Ny, Inc. Marilena obtained her B.S. into the Fund out-of St. John’s School, this lady M.An effective. in school Counseling from New york School and her Exec MBA during the Columbia Organization College.