Last summer, Clark had an inkling that there was a scandal brewing on the college loan front. College administrators and financial aid officers have been taking various kinds of kick backs and, in turn, are ripping off students and their parents. The State Attorney of New York has found that perhaps hundreds of schools around the country have been “on the take.” Lenders visit the schools and convince the school employees to push that lender in return for trips and money. If your child’s school pushes one or two lenders in particular, or you are a student and are getting the hard sell, leave immediately. Shop around for yourself. One great place to check is myrichuncle.com. In addition, there should be some ethics policies put into place to stop this kind of activity. Congress will be holding hearings about this and Clark will keep you informed about what happens. He hopes that school officials and lenders who are in cahoots are charged criminally for this kind of activity in the future.