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Comment on Forced Arbitration Agreements in College Federal Aid Applications

December 18, 2013
Student Loans

In reply to the Department of Education's request for comments on the form used by colleges to apply to be eligible for federal student loan funds, CRL called for attention to the arbitration agreements between schools and their students and employees. CRL said that forced arbitration undermines the transparency and accuracy of information reported by the schools, and could threaten the integrity of federal financial aid.