Controversy overseeing student loan programs Margaret Spellings

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spellings @ lbj presidential library in 2014


on may 10, 2007, spellings testified before house education , labor committee responding criticism new york attorney general andrew cuomo education department had been asleep @ switch in overseeing student loan programs, allowing corruption , conflicts of interest spread. spellings has further gone on record disregarding suggestion inspector general hold loan companies accountable graft.


altha cravey , robert siegel wrote in news & observer spellings had been supporting for-profit colleges prey on students – , profiting off same students when default on loans. spellings served on board of directors apollo group, parent company of for-profit university of phoenix, paid more $300,000.








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