December 14, 2007
Inspectors Get Award for Findings in Nelnet Case
The secretary of education, Margaret Spellings, has repeatedly defended her decision to let the National Education Loan Network, a major for-profit student-loan provider based in Nebraska, keep some $300-million in disputed federal student-loan subsidies.
One of her good friends, however, may have given critics in Congress some extra ammunition for their efforts to force the company, called Nelnet, to repay the money.
In a development that attracted little notice, the Education
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