Loan programs

Shaking Up Loan Industry

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Education Dept. promises more scrutiny; documents released on federal official; Chicago State president's ties questioned ... and possible sale of Sallie Mae.

Troubles Mount for Student Loan Industry

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As charges escalate, the ultimate hammer -- cuts to U.S. subsidies -- appear in the offing. Sallie Mae reportedly will be sold for $25B.

Selling Sallie Mae

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Deal would put student loan giant into private hands, raising questions in Congress as lender scandal expands.

U.S. Suspends Lender Access to Borrower Database

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Spellings announces move in letter that defends Education Department oversight, drawing Congressional rebuke.

Calling Out Spellings on Student Loans

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Accusing U.S. officials of inadequate oversight, leading House lawmaker urges Education Department to adopt "emergency" reforms.

The Battle Is Joined

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N.Y. attorney general announces plan to sue his first college in loan inquiry, and his target, Drexel U., vows to fight back.

Updates on the Loan Scandal

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Another attorney general gets into the game, and a federal rule making process collapses.

The Cuomo Effect Spreads

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Attorneys general in Ill. and Mo. embrace N.Y. official's student loan inquiry, as peers elsewhere distance themselves.

Preemptive Strike on Student Loans

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On eve of House hearing, Education Department creates a special panel; financial aid group considers changes.

Mr. Cuomo Comes to Washington

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Testifying before House panel, New York attorney general discusses student loan inquiry and lax U.S. oversight.


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