Saturday, April 7, 2007

Education dept. places official on leave

Education dept. places official on leave (AP)

A high school student in Manhattan, March 24, 2006. New York Attorney General Andrew Cuomo on Thursday will disclose questionable practices uncovered during a nationwide investigation into the college loan industry, his office said. REUTERS/Mike SegarAP - A Department of Education official who oversaw the student loan industry and owned at least $100,000 worth of stock in a student loan company has been placed on leave, a department spokeswoman said Friday.


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