Thursday, May 31, 2007

FTC probes student loan marketing tactics-lawmaker

(Reuters) - Addressed to committee Chairman George Miller, a California
Democrat, the letter added the FTC has formed an intra-agency
working group focused on concerns about private student loans.




Congressional and state officials have been examining the
$85 billion student loan industry for months, with
investigators alleging conflicts of interest and payment by
lenders of kickbacks to curry favor with college officials.


Read more at Reuters.com Government Filings News

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