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Today's Fresh Blogs...| 33 Firms Probed on Student Loan Tactics |
| Published: October 12, 2007, 12:00 am |
| Tags: Firms, Probed, Student, Loan, Tactics, Andrew Cuomo, Bank Of America Corporation, Jp Morgan Chase Amp Co, Wachovia Corporation, Wells Fargo Amp Company, Nelnet Inc, Cit Group Inc, Suntrust Banks Inc, Collegiate Funding Services Inc, Elite Financial Group, Keycorp |
| J.P. Morgan Chase, Bank of America and Wells Fargo are among 33 companies New York Attorney General Andrew Cuomo subpoenaed or requested documents from in a probe of deceptive tactics for marketing college loans. |
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| Confusion Cited In Overpayments To Student Lenders |
| Published: October 20, 2007, 12:00 am |
| Tags: Confusion, Cited, Overpayments, Student, Lenders, Nelnet Inc, Margaret Spellings, Diane Auer Jones, Ellis E Tredway, Jon H Oberg, Nebraska, New Hampshire, Texas, Hampshire Higher Education Loan Corp, The Washington Post Company, Ben Kiser, Christopher Avery, John P |
| Education Secretary Margaret Spellings has acknowledged that the federal government "had some responsibility" for "confusion" over subsidy rules that helped student loan companies reap hundreds of millions of dollars in potentially excessive payments at taxpayer expense. |
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