(Reuters) - In November, New York Attorney General Andrew Cuomo began investigating potential conflicts of interest arising from lenders' practices of using payments and other perks to win placement on colleges' preferred lender lists.
Columbia also agreed to pay $1.125 million into a borrowers' education fund, and to submit its financial aid procedures to monitoring by the New York attorney general, according to the statement.
Read more at Reuters.com Bonds News
Columbia also agreed to pay $1.125 million into a borrowers' education fund, and to submit its financial aid procedures to monitoring by the New York attorney general, according to the statement.
Read more at Reuters.com Bonds News
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