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Student Loan Companies Agree to “Code of Conduct”

Perhaps as a response to the credit crunch, or perhaps on the long-shot that financial institutions have grown a conscience, the bodies that grant student loans have agrees to a self-imposed “Code of Conduct.” The agreement comes from pressure from NY State Attorney General Andrew Cuomo and advocacy groups who accused these organisations of shady practices.

If you’re still in school or considering going back for further education, check out the article here ยป

via Gothamist

posted by Scott in education, personal finance.

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