Oct 14 2009

Attention Congress: Don't Reward Non-Profit Student Loan …

“It appears that ISL unduly elevated the goals of increasing its competitive advantage, market share, and loan portfolio size over its mission of always striving to do the best for its student borrowers. Provided Cash Inducements to Colleges to Win … At issue is an “affinity agreement” that ISL officials forged with Iowa State University’s alumni association in June 2006 in order to get it to exclusively market their federal consolidation loan product to its members. …

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Attention Congress: Don't Reward Non-Profit Student Loan …

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