CIT agrees to $3M student loan settlement
… reached a settlement with CIT Group Inc. and CIT’s Student Loan Xpress unit arising from the state’s investigation of abuses in the U.S. … undisclosed financial relationships between lenders and colleges. Cuomo has argued that lenders used payments and perks to curry … who soon after became an employee at the Office of Federal Student Aid at the U.S. Education Department, Cuomo’s office …