Although Congress desired well-known financial agreements, it outlawed co-branding

For the 2007, then-Nyc Attorneys General Andrew Cuomo reported from an enthusiastic “unholy alliance” ranging from certain well-known lenders and you can universities. His investigation unearthed that, consistently, popular financial listings was in fact a supply of punishment within the college student financing world, and then he unsealed hours where loan providers presumably provided college or university officials gift suggestions, trips, and you will inventory payment in return for addition into schools’ preferred bank lists.

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