Friday, August 3, 2007 , Updated
Nelnet paid UTA alumni association $62,000 to pitch its loan consolidation services
The contract has not been renewed, but over the previous three years Nelnet paid the University of Texas at Arlington Alumni Association a flat rate of $62,000 to pitch Nelnet loan consolidation services to recent graduates. UTA gave Nelnet a list of its members and advertised the company on the alumni website. Nelnet's practices are currently being investigated by the office of New York Attorney General Andrew Cuomo.
Posted by Erin
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