Dive Brief:

• Rohit Chopra, the Consumer Financial Protection Bureau’s student loan watchdog, resigned Wednesday after four years in the position.
• The Washington Post reports Chopra’s last day will be next week and the office for students’ deputy assistant director, Seth Frotman, will take over on an interim basis.
• The Post highlights some of Chopra’s key accomplishments, including drawing some of the first connections between student loan servicers and mortgage servicers, laying the foundation for President Obama’s Student Aid Bill of Rights, and tracking trends, like the number of former students defaulting on their education loans.

Dive Insight:

While Chopra’s letter of resignation did not include information about his future plans, The Wall Street Journal reported Wednesday that Sen. Elizabeth Warren has pushed for Chopra to replace Benjamin Lawsky as Superintendent of the New York Department of Financial Services, the state’s top financial regulator. Chopra was the Consumer Financial Protection Bureau’s first student loan ombudsman. He has been a vocal critic of the for-profit college sector and institutions’ focus on enrollment and revenue growth rather than success. The CFPB as a financial regulator has not, historically, been a familiar face in the education world, but Chopra’s work over the last four years seems to have changed that permanently.