....yes folks in the industry and in defense of the industry are taking stock of the situation. Donald Heller has a piece out in Inside Higher Ed that we find pretty good. Basically, Donald is saying there are some folks excercising poor judgement (lenders, financial aid officers, and government officials), but let's not let Andrew Cuomo's investigation be the impetus for stifling regulation to the FFEL program.
An over-recation in the House/Senate will ultimately have an impact on the student borrower. So, let's be rational and reasonable when we consider the consequences. Let's consider the ultimate impact as legislation and regulations are formulated.
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