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  2. Guard the Henhouse? Foxes Do Not Agree

Guard the Henhouse? Foxes Do Not Agree

By j7uy5 on April 24, 2007.



Regarding
href="http://www.nytimes.com/2007/04/24/education/24loans.html?ex=1335067200&en=c2a6501764fefef8&ei=5090&partner=rssuserland&emc=rss">efforts
to reform the practices of student loan vendors, in
light of the recent scandal:



The
state-by-state regulatory action, so far limited
largely to efforts by Democrats, comes at a time of little progress in
the development of federal rules on lenders’ dealings with
colleges. A bid by the Education Department to negotiate such rules
collapsed on Friday in disagreement among representatives of colleges,
banks and other groups.



Don't ask them for input.  Ask college students and their
parents for input.  And don't expect the banking industry to
regulate itself.  


href="http://www.robertsilvey.com/notes/2004/10/fox_guards_henh.html">i-72658d99c662951d9a096f42b21c8e69-fox_and_eggs.jpg


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Politics

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