Some other whistleblower’s lawsuit submitted against Nelnet accuses new Lincoln-mainly based education loan business out of conspiring having banking monsters Citigroup and JPMorgan Pursue to acquire as often funds from government student loan software while they you will definitely by the mistaken borrowers and giving inducements that violated government guidelines.

“We take our very own character just like the a lender extremely definitely and are also sure our business strategies have complied towards (federal) Advanced schooling Operate,” told you Kiser. (more…)