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09/07/2008 11:58 PM
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Student loan companies in settlement talks (The Times and Democrat)
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NEW YORK - The attorney general of New York is negotiating settlements with eight student loan companies to reform deceptive practices in the industry. A particular focus is the marketing of products so they appear to be federal loans, an official said Friday.
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09/05/2008 06:04 AM
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New York Plans to Sue Student Loan Company (New York Times)
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The attorney general of New York is preparing a lawsuit against a student loan company, Goal Financial , charging that the lender broke state and federal laws by luring borrowers with iPods, cash and other gifts and that it misled consumers about loan terms and benefits, The New York Times’s Jonathan D. Glater reported, citing a senior official in the office.
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09/06/2008 01:12 AM
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Eight student loan companies in settlement talks with Cuomo (Rochester Democrat and Chronicle)
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Attorney General Andrew Cuomo is going to be in East Rochester on Monday to talk about his office's efforts to reform deceptive student loan practices.
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09/06/2008 04:58 PM
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Letters: A Loan Quandary (New York Times)
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Letter about the article ?That Student Loan, So Hard to Shake,? published on Aug. 23.
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09/04/2008 08:28 PM
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New York to sue student loan company: report (Reuters via Yahoo! News)
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New York's state attorney general is planning to sue the student loan company, Goal Financial, accusing it of engaging in illegal practices to lure customers, the New York Times reported on Thursday.
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09/06/2008 10:13 PM
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Student loan availability squeezed (The State)
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DALLAS — It’s crunch time for families seeking college financial aid as bills for the fall semester’s tuition and room and board come due. But the ongoing credit crunch has caused some lenders to stop making student loans and to raise lending standards — forcing many students and their families to seek alternative sources of financing. Key among those: federally guaranteed student loans, ...
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09/04/2008 04:46 PM
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Public, non-profit student loan provider to get proper funding (News Democrat & Leader)
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Governor Steve Beshear announced Friday that the state has finalized the deal to provide the state's only public nonprofit student loan provider $50 million with which to make student loans during the 2008-2009 school year.
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09/05/2008 09:19 PM
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Big Student Lender Suspends Business (WallStreet Journal via Yahoo! Finance)
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College Loan Corp. is suspending the remaining part of its student-lending business after it lost funding.
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09/04/2008 06:05 PM
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New York Plans to Sue Student Loan Company (New York Times)
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The attorney general is preparing a lawsuit against Goal Financial, charging that the lender broke laws by luring borrowers with cash and gifts and that it misled consumers about loan terms.
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09/06/2008 09:49 PM
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Credit Crunch Reaches Student Loan Market (WCCO Minneapolis - St. Paul)
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Many college students have now begun their fall semester. This year, some of those students may have a harder time getting the money they need to pay for school.
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