September 14, 2007
Senate Report Uncovers More Lender-College Ties
Sen. Edward M. Kennedy, Democrat of Massachusetts, has released a second report examining conflicts of interest in the student-loan industry, shedding light on some practices that have not received much attention before.
The report describes, for example, how the New Jersey Higher Education Student Assistance Authority provided software and technical support, free staff, and professional development — all paid for with a premium provided by the lenders — to
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