November 26, 2007

Education Department's Lender Inquiry Still in Early Phase

By Paul Basken

An investigation by the U.S. Education Department into student-loan practices at major American colleges may be far from a resolution, despite the elimination of more than 90 percent of the 921 institutions first queried this summer.

The department last week identified the 55 colleges that received a second round of letters in the investigation (The Chronicle, November 19), revealing a mix of institutions and

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