UTSA staff got treats from loan companies
May 30, 2007
The new rules, which would bar universities from accepting much more than a coffee
cup from loan companies, come in response to a widening scandal reverberating through
the $85 billion a year student loan industry. The probe was sparked by Cuomo's investigation
into questionable business practices and too-cozy relationships between lenders and
university financial aid staff, who typically are viewed by student borrowers as unbiased
advisers.