Now that the student loan industry has NSLDS back up and running, we're kinda curious to learn what the Department of Education has found out from it's investigation.
We can't wait to hear all the evidence that the Department gathered to support the initial claim that the student lending industry uses NSLDS as a prospecting tool. But we don't think we'll hear any of this. You know why? Because they didn't find anything.
Nonetheless, the student borrowers, the lenders, the loan servicers, and the guarantee agencies all deserve to hear what the outcome was. This was an inconviencence of monumental proportions, and all the customers of the Department of Education and NSLDS deserve an explaination.
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