May 15, 2008

Education Dept. Easing Off on Preferred-Lender Limits

By Paul Basken

Washington

Last year, with their attention focused on the student-loan scandal, Congress and the Bush administration imposed new restrictions on the ability of colleges to recommend loan companies to their students.

Now, with its attention on the "crisis" in student lending rather than the scandals, which highlighted a series of conflicts of interest in the relationship between colleges and the loan companies serving their students, the Bush administration may be easing off to some

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