November 24, 2007

Penn. state-owned student loan corp overpaid $34million

Posted in Misc at 7:58 AM by Joe From Boston


You may have heard this by now as it’s all over the news, but an audit by teh Department of Education fonud that the state-owned Pennsylvania Higher Education Assistance Agency was overpaid by $34 million due to it’s exploiting a loophole.

Is it just me, or do you find it funny that the government is defrauding the government???

Here’s a couple article for further reading.

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