Student Lender to End Deals With Colleges for Use of Logos
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New York Attorney General Andrew M. Cuomo announced a settlement yesterday with a student loan consolidation company that had been paying universities to use their logos, team names and mascots to generate business.
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The NCAA plans to ease restrictions on educational expenses for current student-athletes while setting aside $10 million to reimburse former athletes as part of a tentative class-action lawsuit settlement.
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which plans to axe three academic departments to save money â-as been put up for sale on the internet auction site eBay. The campus is on offer at Â£10 million in
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The music industry redoubles its efforts to drop the hammer on college students who illegally download music, leaning on the universities for support. By the Associated Press.
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Three Connecticut schools have agreed to donate tens of thousands of dollars to scholarship funds to settle allegations they received benefits in exchange for giving preferred-lender status to a student loan company.
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The Supreme Court yesterday cleared the way for banks to begin issuing credit cards bearing logos such as American Express and Discover while continuing to offer Visas and MasterCards.
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Commercial education companies are offering student loans as they scramble to ensure a steady stream of college-level students amid the credit squeeze.
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Internal student loan industry documents unveiled Tuesday provide further evidence of conflicts of interest between banks and colleges or school officials.
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Telltale signs that your private college-aid counselor is out to get you.
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Credit card and mortgage companies promise customers an answer "while you wait" on loan applications. Now, more and more colleges are doing the same &#151; visiting high schools and letting applicants know their admissions fate right on the spot.
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One student loan company took university financial aid directors on a junket to Disney World. Another paid $500 to be placed on a school's list of recommended lenders. And others showered tequila, wine and golf outings on college aid officers.
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The trade group for university financial aid officers said yesterday that it would no longer allow student loan companies to court its members with gifts or sponsor its conferences, responding to a spate of revelations of conflicts of interest in the $85  billion-a-year industry.
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U.S. colleges and universities are increasingly giving students free access to download services like Roxio Inc.'s Napster to discourage illegal song copying, the recording industry said Tuesday.
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New York Attorney General Andrew Cuomo said on Friday that College Loan Corp., the seventh-largest U.S. student lender, would pay $500,000 as part of an agreement settling allegations that it offered perks to schools to win business.
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Congress is poised to make big changes to the government programs tapped by millions of students to pay for college. The biggest of these for students: a cap on what low-income borrowers have to pay back each month on their federal student loans.
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A Congressional report suggests that there has been more questionable conduct in the ties between colleges and student loan companies than previously reported, this time involving charitable giving to build business.
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By Adam Smeltz, The Centre Daily Times, State College, Pa.  Sep.