As Students Return to College, Student Loan Fraudsters Rejoice |
| By: Peterr Monday August 16, 2010 6:45 am |
Nelnet improperly exploits a loophole in the student lending regulations for years, and then last Friday afternoon settled a $1+ billion student loan fraud case for $55 million, just as college students head back to campus. Lovely.
But I’m sure that nothing like this could happen with insurance companies and the Health Insurance reform regulations, or the Wall Street firms and the FinReg rules . . .
Welcome back to campus, everyone.
Close – But No Cigar: New Credit Card Legislation Does Not Go Nearly Far Enough to Deal With Student Debt |
| By: TobyWollin Thursday May 28, 2009 9:41 am |
New credit card legislation signed into law provides some protections for young people in terms of obtaining and using credit cards, but doesn’t go far enough to address the problems. Additionally, for college students – it’s student loan debt that is the anchor around their necks; not credit card debt.
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Just Say Now |
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Foreclosure Fraud |
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Prop 8 Trial |
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