(Reuters) - The move is the latest development in a widening scandal in the student lending industry, which is under investigation by New York Attorney General Andrew Cuomo for allegedly paying kickbacks to universities and their financial aid professionals.
Ellen Frishberg, director of student financial services at the Johns Hopkins main campus, received $43,000 of consulting payments from CIT unit Student Loan Xpress and $22,000 in tuition payments for a doctoral program she was enrolled at, the university said, citing information it received from CIT.
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