• Home
  • News
    • Politics / Govt
    • Legislature
    • Crime / Courts
    • Health / Medicine
    • Archives
  • Sports
    • Badgers
    • Packers
      • Titletown Report
    • Brewers
  • Contact Us
    • Reporters
  • Affiliates
    • Affiliate Support

Wisconsin Radio Network

Wisconsin News and Sports

You are here: Home / Education / UW official defends student loan practices

UW official defends student loan practices

September 26, 2007 By WRN Contributor

UW System officials say they're taking steps to prevent unethical behavior in dealing with student financial aid

National reports earlier this year raised concerns about financial benefits student loan providers offered to university officials, in exchange for being considered preferred lenders. UW System President Kevin Reilly says there's no evidence of similar wrongdoing on their campuses.

Reilly testified before a legislative committee Tuesday about what the UW is doing to prevent any unethical behavior. That includes a new policy for identifying why a lender is preferred, so students and parents are aware why any recommendations are being made.

Several lawmakers on the committee questioned why the UW would allow the continued use of preferred lenders lists, in light of the ethical questions they can raise. Reilly says they're needed because nearly 65-percent of students rely on some type of financial aid and it would be a disservice to leave those students on their own.

Reilly says they will continue looking at polices that help prevent any conflicts of interest from developing. 

AUDIO: Andrew Beckett reports (MP3 1:06)

Share this:

  • Facebook
  • Twitter

Filed Under: Education



Featured Stories

Future of abortion in Wisconsin hinges on SCOTUS ‘Roe’ decision

Juvenile arrested in connection with death of Lily Peters

Missing Chippewa Falls girl found dead, police seek suspect

Medical marijuana legislation gets public hearing at Capitol

Tommy Thompson announces he will not run for governor

TwitterFacebook

Sports Headlines

Giannis breaks franchise scoring record, Bucks beat Nets in OT

Wisconsin’s Davis declares for NBA Draft

Badgers to face Arizona State in Las Vegas Bowl

Williams likely out for the season with broken hand

Packers releasing TE Jace Sternberger

More Sports

Tweets by @WRN

Get our news delivered to your inbox:

Enter your email address:

Delivered by FeedBurner

Copyright © 2022 · Learfield News & Ag, LLC