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House Panel Moves to Regulate Private Student Loans
26 October 09 01:23 PM | Student Loan Girl | 2 Comments   
Despite strong Republican opposition and forceful lobbying from banks and business groups, the House Financial Services Committee voted on Thursday to approve the creation of a new federal Consumer Financial Protection Agency, laying the groundwork for expanded federal oversight of private student loans. Read More...
MyRichUncle Stops Making Student Loans, Files for Bankruptcy
18 February 09 05:06 PM | Student Loan Girl | 0 Comments   
MyRichUncle, the student loan company that “caustically ridiculed the financial ties between colleges and student loan companies” has filed for Chapter 7 bankruptcy, The Chronicle of Higher Education reports (“ Student-Loan Industry’s Caustic Rebel Now Read More...
College Board Settles Inquiry into Its Student Loan Practices
11 December 08 04:40 PM | Student Loan Girl | 0 Comments   
The College Board , which administers the SAT, ACT, and AP college admissions tests, has agreed to resolve an investigation by New York Attorney General Andrew Cuomo and Connecticut Attorney General Richard Blumenthal into its student loan practices. Read More...
New York AG Examines Colleges’ Relationships With Health Insurers
18 November 08 04:30 PM | Student Loan Girl | 0 Comments   
New York Attorney General Andrew Cuomo is investigating the relationships between colleges and the health insurance companies they do business with just two years after he launched a similar investigation that uncovered conflicts of interest between some Read More...
Goal Financial Reaches Agreement With New York Attorney General
06 November 08 03:53 PM | Student Loan Girl | 0 Comments   
Alexandria, Virginia-based Goal Financial is the most recent student loan company to reach a settlement with the New York Attorney General’s office , whose investigation into the student loan industry revealed that several lenders used deceptive marketing Read More...
NY Attorney General To Sue Student Loan Lender For Deceptive Marketing
08 September 08 02:18 PM | Student Loan Girl | 0 Comments   
New York Attorney General Andrew Cuomo plans to sue student loan provider Goal Financial, LLC for using deceptive marketing practices to attract new business, according to a CNNMoney.com article (“ Student Lenders Under Scrutiny ,” Sept. 5, 2008). Eight Read More...
Committee Discusses Ways to Reduce College Students’ Credit Card Misuse
01 July 08 03:24 PM | Student Loan Girl | 0 Comments   
During testimony before the House Subcommittee on Financial Institutions and Consumer Credit , Benjamin Lawsky, deputy counselor to New York Attorney General Andrew Cuomo , said predatory credit-card companies are taking advantage of college students Read More...
Cuomo to Make Investigation into Colleges’ Credit-Card Deals Public
19 April 08 02:05 AM | Student Loan Girl | 0 Comments   
The results of New York Attorney General Andrew Cuomo’s investigation into the relationship between colleges with co-branded credit cards and the banks that issue them are expected to be released within the next two months. Benjamin Lawsky, Cuomo’s deputy Read More...
Study Abroad Charges Challenged in Lawsuit
03 March 08 02:04 AM | Student Loan Girl | 0 Comments   
How much college students are required to pay for their study-abroad programs could hang in the balance of a recent lawsuit brought by a father against his daughter’s school. The suit, reported by Karin Fischer in The Chronicle of Higher Education , challenges Read More...
Does Bigger Mean Better in the Consolidation Business?
27 March 07 07:28 PM | Student Loan Girl | 0 Comments   
Recently, there has been lots of negative press out there regarding college financial aid officers receiving special treatment, trips or the like from student loan providers, and New York’s Attorney General Andrew Cuomo is going after such companies and Read More...
New York Probe on the Student Loan Industry
20 March 07 05:14 PM | Student Loan Girl | 4 Comments   
On Nov. 7, 2006 Andrew Cuomo was elected the 64th attorney general of the state of New York, and shortly thereafter launched a nationwide investigation into student loan practices at more than 400 universities across the nation, including some of the Read More...

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