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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...

Filed under: admissions offices, Andrew Cuomo, bankruptcy, Chronicle of Higher Education, college loans, college planning company, Cuomo investigation of student loan lenders, deceptive marketing practices, Embark, Financial Aid Officers, lender code of conduct, MyRichUncle, NextStudent, student loan companies, student loans, The Princeton Review

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...

Filed under: Andrew Cuomo, Financial Aid Officers, National Council of Higher Education Loan Programs, Nelnet, NextStudent, preferred lender lists, Sallie Mae, Student Loan Practices