Seven student loan companies agreed to a code of conduct for their marketing practices, the New York attorney general's office announced on Tuesday. Additionally, the companies agreed to donate to a $1.4 million fund to help educate students and families on financial aid. An eighth company, My Rich Uncle, also agreed to abide by the marketing code even though its marketing practices were never faulted by the NY attorney general's investigation.
Read the entire article at:
http://www.nytimes.com/2008/09/10/business/10loan.html?_r=1&ref=education&oref=slogin
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