New York’s newly formed Student Protection Unit has launched an investigation into the student debt relief industry. Led by the state Department of Financial Services, it’s designed to be a consumer watchdog for New York students. The unit issued subpoenas to 13 companies Wednesday in its first official action.
Connecticut’s two US senators are concerned a major insurance company is jeopardizing the welfare of patients by dropping doctors from its Medicare Advantage program. The senators held a hearing in Hartford on Wednesday to look into further regulation of health insurance companies that participate in the program.
New York Governor Andrew Cuomo released his state budget on Tuesday. The $137.2 billion spending plan includes more money for schools , including a phase-in of funding for universal pre-kindergarten programs. It would also freeze property taxes for two years, if local governments cooperate.