(Reuters) - Dodd's committee held a hearing on Wednesday to look into questionable practices in the private student loan market, which now accounts for 20 percent of lending to college students. The remaining 80 percent comes from government-guaranteed and direct government loans.
Dodd said his bill would "improve transparency, prevent unfair and deceptive private lending practices and eliminate conflicts of interest."
Read more at Reuters.com Bonds News
Dodd said his bill would "improve transparency, prevent unfair and deceptive private lending practices and eliminate conflicts of interest."
Read more at Reuters.com Bonds News
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