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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...

Filed under: Andrew Cuomo, Barney Frank, CFPA, college loans, Consumer Financial Protection Agency, Consumer Financial Protection Agency Act, federal student loans, H.R. 3126, Institute for College Access and Success, Lauren Asher, NextStudent, private student loans, Spencer Bachus, Student Loan Legislation, student loans, TICAS

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...

Filed under: Alex Detrick, Andrew Cuomo, college, college financial aid, college loans, deceptive marketing, federal student loans, financial aid, Goal Financial, iPod, Jonathan Glater, marketing code of conduct, New York Attorney General, NextStudent, paying for college, private student loans, student loan marketing practices, student loans, The New York Times, tuition

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...

Filed under: Alex Detrick, Andrew Cuomo, college, college loans, deceptive marketing, federal student loans, Goal Financial, government student loans, iPods, lenders lawsuits, marketing reforms, New York Attorney General, NextStudent, preferred lender lists, private student loans, student loan comparisons, student loan lender kickbacks, student loan lender reforms, student loan marketing, student loan monthly payments, student loans