May 11, 2007
Educations Dept. Begins to Restore Access to Borrower Database, With Tighter Security
The U.S. Department of Education announced last week that it would begin restoring access to a federal database containing information on millions of student borrowers, two weeks after it shut the system down out of concern over potential abuses.
The database, known as the National Student Loan Data System, or NSLDS, was made off limits to lenders and guarantee agencies in mid-April, when the department acknowledged finding 261 cases over the past four years in which lenders or
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