Leslie Carbone

Posted April 10, 2007

American colleges accept a variety of financial incentives from some large student-loan companies, like Sallie Mae, to steer students to borrow from them, New York State Atty. Gen. Andrew Cuomo charged on March 15. Goodies include substantial cash payments, free trips to resort destinations for campus financial-aid officers, and company-manned call centers to answer students' financial-aid questions.