In A House Education Committee Meeting…
Andrew Cuomo says that the Education Department is lax on regulating the student loan industry and that more criminal charges could come.
The Washington Post also reports on this meeting.
Andrew Cuomo says that the Education Department is lax on regulating the student loan industry and that more criminal charges could come.
The Washington Post also reports on this meeting.
is now going to stop recommending loan companies to students and parents. They are also going to follow a “code of conduct” that New York’s attorney general wants.
borrowing for student loans may change over the next few years. The article reports on a few college students and loans they have gotten.
Good read.
on Sara Martinez Tucker and her role in the student loan mess. She worked in various companies tied to student loans and was also hired as the under secretary of education by president Bush.
Also in other student loan mess news JP Morgan Chase and Bank of America have agreed to abide by a code of conduct on student loans.
on more states that are taking the lead in the student loan mess. The attorney general of Illinois and Missouri is going to adopt a code of conduct similar to the one that the Andrew M. Cuomo of New York wants.
Even Education Secretary Margaret Spellings is going to form a task force that will recommend some rules at the federal level.
with a report on the student loan mess. It gets into the government role in lending money to students.
Great read.