NASFAA president Dallas Martin expressed his outrage, and that of NASFAA members, in a letter to NY Attorney General Andrew Cuomo. Responding to Cuomo’s recent press release, letter to college presidents, and brochures, Martin said, "You have insulted not only our profession, but also each individual financial aid administrator who is a devoted professional." Martin’s letter also explains the purpose of preferred lender lists, and describes the immeasurable harm done by the broad statements being made in the media, which have "encouraged students and parents to mistrust the advice and counseling of financial aid administrators and schools, which will only lead to bad decision-making by consumers." The full text of the letter is available online.

Posted 03/19/07 to www.NASFAA.org. Redistribution to non-NASFAA institutions is prohibited. Please submit Web Site questions or comments to Web@NASFAA.org.