The Washington Independent

Posts Tagged NelNet

Big Finance and Higher Education

By | 08.16.10 | 12:56 pm

Today, there are two stories worth reading on the nexus of big finance and education. The first, in The Chronicle of Higher Education, reports that Nelnet — a Nebraska-based lending conglomerate — Sallie Mae, and other lenders will pay fines for defrauding taxpayers out of $1 billion:

School of Hock

By | 04.30.09 | 12:53 pm

With a growing number of college grads finding themselves crushed under the weight of their student loan debt, the Obama administration is considering action that could derail the entire student loan industry.  Groups who monitor campaign contributions, though, worry that the strength of the industry could block any shot at More…