Tuesday, April 24, 2007

If you're not the lead dog...

The Chronicle of Higher Education reports($) this morning that the National Association of Student Financial Aid Administrators (NASFAA), the trade organization for financial aid officers, will ban lenders from sponsoring events at their national conference. This news comes only two weeks after a Wall Street Journal report($) on close financial ties between lenders and NASFAA.

This is good news, and hopefully just a start to NASFAA taking a leadership role in establishing guidelines for school-lender relationships.

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