(Reuters) - WASHINGTON, June 6 - New York Attorney General
Andrew Cuomo said on Wednesday he has widened his investigation
of the student loan industry to include underwriting standards,
and urged Congress to legislate a clean-up of the 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 told a Senate Banking
Committee hearing looking at allegations of conflicts of
interest and kickbacks in the $85-billion industry.
Read more at Reuters.com Bonds News
Andrew Cuomo said on Wednesday he has widened his investigation
of the student loan industry to include underwriting standards,
and urged Congress to legislate a clean-up of the 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 told a Senate Banking
Committee hearing looking at allegations of conflicts of
interest and kickbacks in the $85-billion industry.
Read more at Reuters.com Bonds News
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