Thursday, May 10, 2007

Student aid system broken - U.S. education secretary

(Reuters) - She said any suggestion that her department has shown favoritism to the federally guaranteed student loan program, as opposed to a direct government loan program, "is totally without merit and has no basis in fact."

Some Congressional Democrats have said that student loan companies that handle a federally guaranteed student loan program exert too much influence in the department.


Read more at Reuters.com Bonds News

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