Student-Debt-Relief Firm Will Shut Its Doors After New York Investigation

By Andy Thomason. A business offering student-loan “debt relief” will close its doors as part of an agreement with New York’s governor, Andrew M. Cuomo. The Times Union, a newspaper in Albany, reports that an investigation by Mr. Cuomo’s office found that Interactiv Education LLC advertised it could lower student-loan payments when, in fact, it just filled out a loan-consolidation form that is available free to anyone through the U.S. Education Department. More...