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Cuomo: Job Not Finished in Student Loans Inquiry

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June 8, 2007

In congressional testimony this week, New York state Attorney General Andrew Cuomo said he will broaden his investigation into the student-loan industry to examine what criteria lenders use in determining interest rates.

On Wednesday, two more university financial aid directors left their positions in response to the recent exposure of unethical financial relationships between universities and private lenders. Robert Siegel talks with Cuomo.

 
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