December 15, 2006
Colleges Accused of Blocking Loans
The leaders of MyRichUncle, a relatively new student-loan company that has questioned the integrity of financial-aid administrators, are accusing colleges of blocking students and parents from borrowing federal student loans from the company.
In a news release, company officials said that approximately 1,200 students and parents who have applied for federal loans with MyRichUncle this year have run into difficulties getting their loans certified by the colleges they attend. Of those
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