Cuomo Sets Up Student Loan Center

Just before leaving office as New York State's attorney general and becoming the state's governor, Andrew M. Cuomo announced the creation of a national center that will help students and their families better understand their student loan options, The New York Times reported. The center is being created with funds from settlements reached by various colleges and lenders with New York State -- all arising from Cuomo's inquiry into the relationships between lenders and colleges. New York State Higher Education Services Corporation will manage the new center, and the New York Public Interest Research Group will start a publicity campaign to let students know about the center.