Student loans

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    • US: Circle of corruption widens in student loan investigation

      Posted by Sandyenglish

      As investigations continue into improper financial dealings between the student loan industry and universities, more schools, companies, and federal officials have been implicated. Most recently, evidence demonstrates that the US Department of Education has increasingly helped promote the interests of lenders by rejecting any federal regulation of the relationship between the banks and schools.

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      US student loan firm being bought

      Posted by Jeff from BBC News

      Not sure what statement is being made by the BBC photo editor here... Private equity groups JC Flowers & Co and Friedman Fleischer & Lowe will take a 50.2% joint stake in the company. They are joined by banks JPMorgan Chase and Bank of America, who are buying a combined 24.9%. The deal comes amid growing scrutiny into unethical practices in the US student loan industry.

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      Colbert Nails Dinesh D’Souza

      Posted by newscloud from Crooks and Liars

      Colbert was in top form last night when conservative pundit Dinesh D'Souza came on the show to promote his new book, The Enemy At Home: The Cultural Left and Its Responsibility for 9/11. In his latest screed, D'Souza, according to Publishers Weekly's review, "roots the blame for the...

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