WASHINGTON, D. C. - Ohio Democrats in Congress want the Consumer Financial Protection Bureau to examine whether financial institutions discriminate against minority student loan borrowers.

Spurred by a report from the Student Borrower Protection Center that found borrowers who attended community colleges and historically black colleges and universities sometimes pay higher student loan rates than those who didn’t, U.S. Rep. Marcia Fudge of Warrensville Heights and U.S. Rep. Joyce Beatty of Columbus introduced legislation that would require CFPB to assess the use of educational data by consumer lenders in their underwriting processes, publicize that assessment and report its findings and recommendations for addressing potential disparities to Congress.

A statement from Fudge called the bill she introduced last week “the first step towards ensuring borrowers of color are treated fairly and equitably during the lending process.” Fudge, a member of the House Education and Labor Committee, called the practice she’s trying to curtail “educational redlining.”

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