May 10, 2007
Lawschoolloans Newswire on Barton Fraud, Crdeit Understanding, HEA & PHEAA
Law School Loans

Thursday, May 10 , 2007
New York Attorney General Investigates Relationships with Alumni Associations
By Brooke Heath Print this Page
Stack of Dollar

This week, New York State Attorney General Andrew M. Cuomo continued his investigation into the student loan industry by publicizing that he has served subpoenas and requests for information to 90 college alumni associations. Cuomo is requesting that the associations provide information on their relationships with Nelnet, a nationwide student loan company.

The alumni associations are under scrutiny for possibly receiving payments from Nelnet in exchange for encouraging members of their associations to consolidate their student loans with Nelnet.
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New York Legislature Endoreses SLATE Act
By Brooke Heath

This week, legislation was passed in New York that will protect college students and their families from conflicts of interest regarding student lending. Initiated by New York State Attorney General Andrew M. Cuomo, the Student Lending Accountability, Transparency, and Enforcement (SLATE) Act of 2007 will provide a solution to recent scandals that have affected students and families across the country.
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Stripping for the Audience: Secrets of Great Presenters

By Randy Siegel

Online Rants, Raves, and Resumes: The Digital Dirt Law Students Leave Behind

Randy Siegel
Some say the secret to being a good presenter is to visualize the audience naked. I say if you really want to be a great speaker, it's you who must strip for the audience.

Great speakers and presenters are not afraid to bare their souls to audiences. They strip away their masks and illusions, allowing audiences and prospects to see them for whom they are. Audiences walk away not only with increased knowledge but some insight into the presenter as a person.
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Consolidating Debt
Become Debt Free in Five Years
The Benefits of Federal Loan Consolidation
Planning for Successful Repayment
LSL—Applications Without Aggravation
Miller asks White House and Education Department for details on student programs

Chairman of the House Education and Labor Committee, Rep. George Miller, wrote a letter to both the White House and the U.S. Department of Education seeking additional information about the "stewardship" of the federal student loan and Reading First programs. The letter states that the Committee's ongoing investigations into the programs have revealed "serious oversight failures" by senior level White House and Department of Education officials.
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Cuomo meets more success with his code of conduct

In a press release New York Attorney General, Andrew M. Cuomo, announced that six more colleges had agreed to his College Loan Code of Conduct. The institutions are Marist College, Pratt Institute, Lewis & Clark, Manhattanville College, Mercy College, and Texas Christian University. With this, the total number of schools that have agreed to abide by Cuomo's Code of Conduct has increased to 21. Cuomo said, "The tide has turned. Schools and lenders are no longer defending these practices or refusing to recognize the problem - they are looking for a solution." The attorney general has targeted 20 lenders and about 100 colleges and universities.
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