Skip to: Content
Skip to: Site Navigation
Skip to: Search
MONDAY, NOVEMBER 23, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter


0

Bush Officials Killed Proposal For Student Loan Reform

Education Department under Bush is cozy with the loan industry, critics say

Share

(Newser) – Bush officials killed a proposal to clamp down on sleazy practices in the student loan industry in 2001, the Washington Post reports. The proposals, drafted under Clinton and circulated to the Bush team, was aimed at curbing the kind of abuses now being investigated, in which loan companies pay universities to help get students' business.

"The Department of Education has been run as a wholly owned subsidiary of the loan industry under this administration," said Barmak Nassirian, an advocate for industry reform. More than a dozen department officials used to work in the loan industry, or found jobs there after leaving the department, the Post reports.

Bush goes to college
Bush goes to college   (KRT Photos)
« Prev« Prev | Next »Next » Slideshow
OFF THE GRID
11.20.09
The Health-Care Wars Have Just Begun
11.19.09
Sarah Palin Deserves Some More Attention
0 comments
VIEWING:
 
LEAVE A
COMMENT Comment Policy
Facebook ConnectPost this comment to Facebook?

After connecting you will have the option to post your comment on your Facebook profile.

 

Related Newser Stories

54 Stories

College Bosses Earn
Record $1M+ Pay

Despite recession, school leaders' pay grows—with tuition

Nov 2, 09 5:14 AM CST
(Newser) - Lean times can go to the back of the class when it comes to college presidents. A record 23 of them raked in more than $1 million last year, up from nine in 2007. Not so surprisingly, many of presidents reigned at institutions among the 58 which charged more than... More »

MORE ABOUT:
president • college • university • income • millionaires

Asia, UK Challenge US Supremacy in Higher Ed

US still has more universities in THE's top 200 than any other country—for now

Oct 9, 09 6:36 PM CDT
(Newser) - The United States is home to more top-level universities than any other country in the world, this year’s survey by Times Higher Education confirms, but its advantage may not last forever. Although 54 of the top 200 schools are in the US, Asia is making remarkable progress: Japan has... More »

MORE ABOUT:
China • Japan • United Kingdom • Seoul • United States • Oxford • college • university • Cambridge University • Seoul National University • Harvard University




 'Swine Flu Dorms' Sprout 
  at Colleges Nationwide 

Sick students start school in quarantine zones

Sep 5, 09 7:31 AM CDT
(Newser) - College freshers across the country are starting their life in higher education confined to buildings full of their coughing peers, the New York Times reports. Fearing the virus will sweep through campuses, colleges have set up quarantine dorms for sick students, keeping them out of class and plying them with... More »

MORE ABOUT:
college • quarantine • student • colleges and universities • college student • pandemic • swine flu • H1N1 virus

54 Stories


Business  •  Politics 
TwitterFollow @Newser on Twitter

 
student loans • Department of Education • money • college • university • reform • student

from our news partners