1.0Center for Public Integrityhttps://publicintegrity.orgadminhttps://publicintegrity.org/author/admin/Student loan scandal costs studentsrich600338<blockquote class="wp-embedded-content" data-secret="ZKieU614el"><a href="https://publicintegrity.org/politics/student-loan-scandal-costs-students/">Student loan scandal costs students</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://publicintegrity.org/politics/student-loan-scandal-costs-students/embed/#?secret=ZKieU614el" width="600" height="338" title="“Student loan scandal costs students” — Center for Public Integrity" data-secret="ZKieU614el" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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Without proper oversight or enforcement by the Department of Education, the $85 billion student loan industry became tainted in scandal. In 2007, New York Attorney General Andrew Cuomo revealed widespread unethical relationships between schools and lenders, with colleges and universities accepting gifts and other inducements from loan companies. In turn, financial aid officers would steer […]https://i0.wp.com/publicintegrity.org/wp-content/uploads/2022/01/CPI_Knockout_Version2.jpg?fit=1500%2C700&ssl=11500700