Education Dept. promises more scrutiny; documents released on federal official; Chicago State president's ties questioned ... and possible sale of Sallie Mae.
As charges escalate, the ultimate hammer -- cuts to U.S. subsidies -- appear in the offing. Sallie Mae reportedly will be sold for $25B.
Deal would put student loan giant into private hands, raising questions in Congress as lender scandal expands.
Spellings announces move in letter that defends Education Department oversight, drawing Congressional rebuke.
Accusing U.S. officials of inadequate oversight, leading House lawmaker urges Education Department to adopt "emergency" reforms.
N.Y. attorney general announces plan to sue his first college in loan inquiry, and his target, Drexel U., vows to fight back.
Another attorney general gets into the game, and a federal rule making process collapses.
Attorneys general in Ill. and Mo. embrace N.Y. official's student loan inquiry, as peers elsewhere distance themselves.
On eve of House hearing, Education Department creates a special panel; financial aid group considers changes.
Testifying before House panel, New York attorney general discusses student loan inquiry and lax U.S. oversight.
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