(Reuters) - "This legislation will help to ensure that students understand the products they are buying to help finance their education, and that unfair and deceptive practices in this market are outlawed," said Sen. Chris Dodd, a Connecticut Democrat and presidential candidate.
Dodd's committee held a hearing on Wednesday to look into questionable practices in the private student loan market, which now accounts for 20 percent of lending to college students. The remaining 80 percent comes from government-guaranteed and direct government loans.
Read more at Reuters.com Government Filings News
Dodd's committee held a hearing on Wednesday to look into questionable practices in the private student loan market, which now accounts for 20 percent of lending to college students. The remaining 80 percent comes from government-guaranteed and direct government loans.
Read more at Reuters.com Government Filings News
No comments:
Post a Comment