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5:58 pm
Wed January 22, 2014

NY launches investigation into student debt relief industry with subpoenas

Credit AP Photo/Victoria Arocho

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.