Loan programs

U.S. Offers Loan Reforms of Its Own

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

Lenders' Labors Lost

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"Thank you for considering signing on to the attached group letter, which encourages Congress to continue making higher education accessible and affordable using the widest range of government- and private-sector loan programs and partnerships," the handwritten letter begins.

A 'Systemic' Scandal

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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

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

Students' Gain, Lenders' Pain

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Looking around the crowded Senate hearing room Wednesday, it was relatively easy, at first glance, to sort out the winners and losers as the Senate Committee on Health, Education, Labor and Pensions approved a package of legislation to renew the Higher Education Act.

Should Student Loans Go to Market?

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As Congress weighs price-based auction, lenders and industry critics debate whether the approach would help or hurt students.

'Redlining' or Reasonable Criterion?

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Like most of the revelations and allegations that have poured out of Andrew M. Cuomo's office in the New York attorney general's investigation into the student loan industry, his latest is provocative and highly charged. Two weeks ago, in a powerfully worded letter to Sen. Christopher Dodd (D-Conn.) and Rep. George Miller (D-Calif.), Cuomo accused some providers of private student loans with engaging in the kind of racial discrimination that home mortgage lenders once practiced.

Informing Students About Private Loans

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Few colleges include alternative loans in students' aid packages, but marketing is common, survey by aid officers' group finds.

Bucking the Tide on Private Loans

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Barnard effort suggests colleges may be able to dissuade students from risky, growing and controversial form of borrowing.

Accidentally Into the Loan Wars

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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.

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