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NEWS SCOOP: Ed. Dept. IG Calls on Nelnet to Give Up $1.2 Billion in Student Loan Subsidies

September 28, 2006 - 8:00pm

The Department of Education's Inspector General (IG) has called on Nelnet to return $278 million in taxpayer subsidy payments for a controversial student loan accounting practice and halt billing the Department of Education more than $882 million in future taxpayer subsidy payments. The breathtaking audit is sure to…

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