Barnard effort suggests colleges may be able to dissuade students from risky, growing and controversial form of borrowing.
Responding to scandal, U. of North Carolina tells all campuses to list at least 3 lenders. That's unfair to colleges in direct lending, advocates say.
With backers of budget bill framing choice starkly, lawmakers reject measure that would have softened cuts to loan providers.
Board members, some with strong ties to higher ed, will share $370 million in profit in sale of student loan behemoth.
Education secretary, portraying department as acting aggressively, says colleges and lenders should adopt principles and not wait for new rules or laws.
Scores of colleges, lenders and others comment on proposals to change U.S. rules governing student loan programs and college-lender relationships.
New state law and pending federal rules would have barred the organization from being a lender while also reimbursing college officials who attend its meetings.
Senate student loan report is short on new charges, but fleshes out evidence that colleges often solicited benefits they got from lenders.
After 1-year rise, proportion of 2005 borrowers who defaulted on loans in first year of repayment falls to 4.6 percent, a near-record low.
Education Department decision to kill off program aimed at reducing loan defaults troubles guarantors, lawmakers and even advocates for students.
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