'Marketplace' Report: Student Loan Scandal College financial aid officers have agreed to crack down on lender kickbacks and submit to monitoring by the New York attorney general's office. Columbia University and the National Association of Student Financial Aid Administrators will adhere to a new code of conduct.
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'Marketplace' Report: Student Loan Scandal

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'Marketplace' Report: Student Loan Scandal

'Marketplace' Report: Student Loan Scandal

'Marketplace' Report: Student Loan Scandal

  • Download
  • <iframe src="https://www.npr.org/player/embed/10622849/10622850" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

College financial aid officers have agreed to crack down on lender kickbacks and submit to monitoring by the New York attorney general's office.

Columbia University and the National Association of Student Financial Aid Administrators will adhere to a new code of conduct.

John Dimsdale of Marketplace talks to Alex Cohen about the student lending scandal and the latest settlement.