Search result for ‘wrong lender

3 Schools Act To Settle College Loan Questions

…  University and Sacred Heart University all denied any wrongdoing but agreed to abide by a code of conduct that would no longer permit …  included placing the agency on their list of preferred lenders. The arrangement had not been disclosed to student borrowers and …

August 29th, 2007

Senate Report Details Alleged Student Loan Company Enticements

…  paid $500 to be placed on a school’s list of recommended lenders. And others showered tequila, wine and golf outings on college aid …  during her tenure. Johns Hopkins, which has denied wrongdoing, agreed in the settlement to have its financial aid practices …

June 15th, 2007

College loans: Financial aid group agrees to reform

…  encourages school officials to reject cash and gifts from lenders. Also Thursday, Columbia University agreed to abide by a similar code …  been critical of Cuomo’s investigation, but, “I was wrong. We didn’t have all the facts.” Though his association’s members aren’t …

June 3rd, 2007

Columbia University reaches agreement in student loan probe

…  financial aid organization will crack down on gifts from lenders as part of state Attorney General Andrew Cuomo’s effort to reform the …  done previously, but personally today, to say that I was wrong,” he said. “We didn’t have all the facts.” Under the code of conduct …

June 1st, 2007

NY settling student loan cases

…  serve them with subpoenas, the Chronicle reported. Six lenders and more than 60 public and private colleges around the country have …  found numerous arrangements made to benefit schools and lenders at the expense of students. In some cases, investigators said, lenders …  from Cuomo’s office Friday. The schools deny any wrongdoing. Investigators found that many colleges have established …

April 1st, 2007

Student-Loan Company Is Allowed to Keep Subsidy

…  rates on some new federal student loans and reduce lenders’ guaranteed profits. “The administration should have …  of Lincoln, Neb., said the company had done nothing wrong. “We are pleased to have reached a resolution that allows us to …

January 22nd, 2007

Dems plan to cut student loan cost

…  for direct government loans and 8.5 percent for private lender loans. Some industry observers are confident that a plan to cut loan …  that lenders would suffer. “Banks would be wrong to reflexively assume a siege mentality,” he said. Dannenberg, …

December 26th, 2006

Deadline nears for student loan consolidation

…  in repayment will be set at 7.14 percent. Although lenders make it seem as if consolidation is a no-brainer, I’ve received e-mails …  can’t consolidate because she’s in deferment. Pop, she’s wrong. If you have received an in-school deferment (an authorized time period …

June 25th, 2006

Word of Caution for College Students and Graduates: All Student Loan Consolidators Are Not Equal

…  of student loans, cautions borrowers that choosing the wrong lender could be a costly mistake. “Consolidating student loans before rates …

May 24th, 2006

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