Student loan companies illegally use US database
Published 21:36:44 24.04.2007
The US government has temporarily barred college loan firms accessing a database containing personal and financial details of nearly 60 million people after a Washington Post article reported it was being used illegally. The paper revealed that some lending companies with access to the National Student Loan Data System repeatedly searched it in ways that violate federal privacy laws.
Students' Social Security numbers, birth dates, phone numbers, email and financial records were contained within the database records. The Department of Education allows lenders to search the database only if they have a student's permission or a financial relationship with the student, the Washington Post reports. More info can be found at :Sourcehttp://www.theregister.co.uk/2007/04/19/student_loan_access_us_database/
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