The Loan Scandal

The First Casualty

U. of Texas financial aid director, fired by the institution, is first campus official to lose job in student loan inquiry.

Drexel to Cuomo: Um, Never Mind

University that vowed to fight New York attorney general on student loan practices backs down and settles instead.

2 More Aid Directors Fall

Officials at Columbia and Johns Hopkins lose their jobs in fallout from student loan scandal.

Cuomo Extends His Reach

New York official's settlements with financial aid officers' group and Columbia U. give him watchdog role years into the future.

U.S. Offers Loan Reforms of Its Own

Joining proposals from Congress and Cuomo, Education Department proposes rules governing lender-college relationships.

Higher Ed's Conflict of Interest Problem

As revelation after revelation about real and potential conflicts of interest wrongdoing has battered the student loan industry in recent months, college leaders and higher education groups have largely responded (when they have done so at all) by acknowledging problems -- and proposing possible solutions -- in and around financial aid offices.

Taming the Student Loan 'Wild West'

The market for private student loans has exploded in recent years, fueled by the growing gap between the price of attending college and the availability of federal grant and subsidized loan funds. And the competition among student loan companies to provide those non-federal loans, occurring at a time of little or no federal regulation, created an environment in which some questionable (if not illegal) marketing practices flourished.

A 'Systemic' Scandal

As the student loan scandal has unfolded in recent months, college financial aid officers and their advocates have repeatedly dismissed the hysteria as a case of a few bad apples in an ethical orchard. But a report released Thursday by Senator Edward M.

Interpreting the Sunshine Act

Trustees' group says student loan reform bill would bar presidents and board members from bank boards, but others disagree.

Senate Higher Ed Bill Emerges (Slowly)

Legislation would replace U.S. advisory panel on accreditation with alternative; lawmakers divided on extent of cuts to lenders.


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