(Reuters) - Among other favors, CLC sponsored advisory boards that
provided meals, entertainment and travel for school personnel.
CLC also provided staff to work for financial aid offices and
free printed materials at no charge, Cuomo said.
But Cuomo said CLC had engaged in another, even more
troubling practice: hosting financial counseling sessions on
behalf of colleges. Schools are required to offer these
sessions as a neutral forum for students, but San Diego-based
CLC used them to market their own loans to students, Cuomo
said.
Read more at Reuters.com Government Filings News
provided meals, entertainment and travel for school personnel.
CLC also provided staff to work for financial aid offices and
free printed materials at no charge, Cuomo said.
But Cuomo said CLC had engaged in another, even more
troubling practice: hosting financial counseling sessions on
behalf of colleges. Schools are required to offer these
sessions as a neutral forum for students, but San Diego-based
CLC used them to market their own loans to students, Cuomo
said.
Read more at Reuters.com Government Filings News
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