Officials from the Consumer Financial Protection Bureau are in Minneapolis to share a new student lending information site and to hold a Town Hall forum with the public.

Minutes from now, Raj Date, special advisor to the Secretary of the Treasury on the CFPB will appear at the University of Minnesota along with Minnesota Attorney General Lori Swanson, Commerce Commissioner Mike Rothman and others to announce the "Know Before You Owe" project, which includes a one-page student loan shopping tips sheet and other information to prevent students from borrowing too much. This piggybacks on President Obama's announcement of policies to help graduates struggling with excessive student loan debt or too little income to afford loan payments.

I just received Date's remarks that he'll share from the University of Minnesota momentarily. He will discuss rising college costs and the debt that's followed. He will also talk about the challenge and risks of taking on student loan debt in a tough job market and the complexities and confusion surrounding the system of student loans.

In particular, in his remarks he mentions a "worrisome recent trend" of for-profit colleges offering or partnering with private lenders that offer higher priced loans than the federal government, which offers loans at 6.8 percent (high to some considering we're in such a low interest rate environment).

He will encourage the folks at the lunchtime event to visit Consumerfinance.gov to share their student financial aid stories, comment on the draft financial aid shopping sheet, and use a repayment assistant to explore various repayment and borrowing programs.

Then tonight at 6:30 p.m., Date and a panel of local community leaders will be at the Minneapolis Central Library downtown to hear public comments about the consumer financial products the CFPB is in charge of monitoring including student loans, credit cards and mortgages.

Both events will be livestreamed.