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Entries by Shahien Nasiripour from 11/2013

Sallie Mae Reduces Disclosure Of Controversial Funding Source

Posted 11.05.2013 | Politics

Sallie Mae, the nation’s largest student loan company, quietly removed from its latest quarterly report any reference to a cheap government-backed c...

New York Fed Chief Levels Explosive Charge Against Big Banks

Posted 11.07.2013 | Business

The head of the Federal Reserve Bank of New York said Thursday that some of America’s largest financial institutions appear to lack respect for the ...

Federal Student Loan Profits Help Duncan Cut Education Spending To Lowest Level Since 2001

Posted 11.18.2013 | Politics

The U.S. Department of Education says it has been working to help borrowers who are struggling under the weight of crushing student loan debt. But as ...

Student Loan Data Gap Hinders Government Understanding Of Risks To Economy, Official Says

Posted 11.18.2013 | Politics

The lack of reliable data on the $1.2 trillion student debt market may be hampering federal officials’ understanding of how student debt threatens e...

Education Department To Renew Sallie Mae Contract, Despite Allegations Of Wrongdoing

Posted 11.29.2013 | Politics

Student loan giant Sallie Mae is currently under fire from lawmakers, federal regulators, consumer groups and student advocates for allegedly violatin...