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November 30, 2007

Department Of Education Investigates Schools With Single Lenders

Dozens of colleges, universities and trade schools have been ordered to turn over documents to government officials explaining why a single lender at each school handles the majority of federally backed student loans. Education officials selected the 55 schools from a list of 921, originally identified in June, where a single lender handled at least 80% of federally backed student loans. Read more at:
http://www.usatoday.com/news/education/2007-11-29-colleges-lending_N.htm

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