October 27, 2008
Iowa Loan Agency Favored Profits Over Students, Report Says
Iowa’s state-run student-loan agency repeatedly gave borrowers false and misleading information about their loan options while paying employees bonuses if they steered students into more-costly alternatives, the state’s attorney general has concluded.
The attorney general, Thomas J. Miller, wrote in an 88-page report to the governor that the Iowa Student Loan Liquidity Corporation
This content is only for subscribers. You can gain access by purchasing a:
Print Subscription
Digital Subscription
Already have an account? Log In Now.
-
The Chronicle Review
-
Government
-
Advice
