The Star-Ledger

NJ Star-Ledger | It's Hard to Beat Generic as Drugs Come Off Patent, Major Firms Feel Pinch

. . . Len Nichols, director of health policy for the New America Foundation, said with many big revenue producers going generic and the innovative pipeline of breakthrough pharmaceuticals slowing, the major drugmakers are feeling the pinch.

"The question for the longer run is how we balance the desire to pay as little as possible for our medicines while still providing the incentives… more

A state agency broke federal regulations when it received millions of dollars in improper payments from companies that make student loans and offered colleges enticements to promote those lenders, according to a national report released yesterday.

Amid the massive student loan scandal, U.S. Sen. Edward Kennedy made public a committee report criticizing a deal between two lenders, Sallie Mae and Nelnet, and the New Jersey Higher Education Student Assistance Authority. The report also unveiled more marketing misconduct among colleges, lenders… more

As families wade through college financial aid options this month, they will find the path to a degree is paved with perilous debt. With rising tuition and fees, students have increasingly turned to government and private loans over the past decade, with graduates owing an average of $20,000. The borrowing frenzy has helped fuel deceptive practices among private lenders and colleges that put students and parents at risk of making poor financial choices, say law enforcement… more