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In an interview with the AP printed in Newsday, New York AG, Andrew Cuomo, talked about a brewing corruption scandal.
Cuomo's interest grew when he received a complaint from a company trying to break into the student loan business. The complaint was that a few companies seemed to dominate the field and set terms and rates.
"For me it became real when I talked to lenders who couldn't get into the market," Cuomo told The Associated Press Tuesday. "You can be a lender who wants to compete and have a better product, but you just can't get to the students. ... The schools are controlling the access to the students."
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