Wednesday, June 6, 2007

UPDATE 1-NY's Cuomo urges Congress clean up student loans

(Reuters) - WASHINGTON, June 6 - New York Attorney General
Andrew Cuomo urged Congress on Wednesday to legislate a
clean-up of the student loan industry, including the
fast-growing private loan market.




"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.


Read more at Reuters.com Government Filings News

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