would like to see federal subsidies eliminated for banks that give out private loans.

on borrowing for college.

on what Margaret Spellings said in testimony in a House hearing yesterday on the student loan mess.

She said student loan system needs an overhaul and is broken.

The Washington Post also reports on this as well.

The Boston Globe reports on the Massachusetts Attorney General on colleges inside the state that may of had improper relationships with loan companies.

The Des Moines Register reports on the Iowa Loan Liquidity Corp. and reimbursements they make to colleges.

The Dallas Morning News reports on four alumni groups caught in the scandal.

The New York Times reports that the House overwhelmingly passes a ban on gifts from student lenders and that Margret Spellings is going to testify department’s policing of the industry and other matter related to this mess.

is now launching a probe on student loan practices. The link includes an audio interview on with Attorney General Bill McCollum.

In other student loan mess news the New York Times reports on a cruise that JP Morgan Chase gave to 200 officials 2 years ago and the cost for this event was over 70 grand.

They also report that Teresa S. Shaw who is the chief official responsible for overseeing the loan program is stepping down.

on colleges looking at connections to student loan lenders.

In a secondary article they look at perks staff at Capella University got.

The Pioneer Press also looks at the perks staff at Capella University got.