Submitted by Doug Lederman on March 12, 2008 - 4:00am
Lenders are feeling the pain. But as federal officials and traditional colleges minimize impact on students, career college backers bemoan effects and predict damage will spread.
Submitted by Andy Guess on August 12, 2008 - 4:00am
A new crop of online student lending services is approaching its first full semester in business. Will the "people to people" model catch on as a new source of alternative loans?
Submitted by Doug Lederman on September 10, 2008 - 4:00am
After months of relative silence on student loans, New York's attorney general reaches settlements with lenders (valued at $1.4 million) over their marketing directly to borrowers.
Submitted by Doug Lederman on October 27, 2008 - 4:00am
As student loan providers look back now on the nearly daily accusations of improper marketing to colleges and students that they endured in 2007, many of them grumble that for all the charges of questionable behavior, critics like New York Attorney General Andrew M. Cuomo failed to prove that any students were directly hurt by what they did.
Submitted by Doug Lederman on December 9, 2008 - 4:00am
Cuomo examines lender's relationships with athletics departments; GAO criticizes U.S. oversight of inducements to colleges; Senate panel backs bill on private loans; EduCap shrinks.
Submitted by Doug Lederman on June 22, 2009 - 3:00am
For two years, ever since New York Attorney General Andrew M. Cuomo began hitting up lenders and colleges for six- and seven-figure payments to settle accusations that they had violated state laws with their student loan practices, his critics have wondered what he planned to do with the millions of dollars he's collected.