(Reuters) - "I urge Congress to enact stringent legislation to clean up all of the student loan industry," Cuomo said in remarks prepared for delivery to a Senate Banking Committee hearing on allegations of widespread conflicts of interest and improper payments in the student loan business.
Investigators from Cuomo's office and congressional committees allege that student loan firms have offered gifts and payments to university financial aid officers to curry favor with them and drum up business among student borrowers.
Read more at Reuters.com Government Filings News
Investigators from Cuomo's office and congressional committees allege that student loan firms have offered gifts and payments to university financial aid officers to curry favor with them and drum up business among student borrowers.
Read more at Reuters.com Government Filings News
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