Story display
ID: | 241 |
Date: | 2007-07-16 |
Headline: | Student Loan Nonprofit a Boon for CEO | ||
Reporter's name: | Amit R. Paley and Valerie Strauss |
Delay/denial: | No |
Lawsuit: | No |
Fees: | No |
Media outlet: | The Washington Post |
City: | Washington DC |
Summary: | The nation's largest student organization urged the Federal Trade Commission last year to stop what the group said were false and deceptive advertising practices by EduCap, a nonprofit student lender. The commission responded that it does not investigate nonprofit groups, according to a letter The Washington Post obtained under FOIA. | ||
Keywords: | student loan industry, Catherine B. Reynolds, EduCap, Internal Revenue Service, New York Attorney General Andrew M. Cuomo, Wells Fargo, Project on Student Debt, United States Student Association | ||
Impact: | Article sparked Rep. George Miller (D-Calif.) to call for a GAO investigation of EduCap. | ||
Agencies: FTC |
States: US |
Categories: education |
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