Monday, June 18, 2007

Sen. Kennedy offers student loan reforms

(Reuters) - Massachusetts Democrat Edward Kennedy's proposals attack kickback schemes and conflicts of interest that have been under investigation for months in a scandal shaking the $85-billion student loan business.




Investigations are focused chiefly on payments and gifts to college officials by lenders in exchange for being placed on "preferred lender" lists that colleges show to students who want to borrow money for school.


Read more at Reuters.com Government Filings News

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