Florida Attorney General Commends Board of Governors For Adopting Florida Code of Conduct For Student Lending

TALLAHASSEE, FL – LAWFUEL – Legal Newswire – Attorney General Bill McCollum today released the following statement, commending the Florida Board of Governors for unanimously adopting the Florida Student Code of Conduct to address concerns in the student loan industry:

“I applaud the Board of Governors and Chancellor Mark Rosenberg for their dedication to Florida’s college students. The Florida Code of Conduct will ensure that university personnel will show no favoritism toward any lender nor receive any incentives from student loan providers in exchange for preferential treatment, and I am pleased that these guidelines will be implemented in our state universities.

“Our students and parents deserve full disclosure when making important financial decisions about student loans. Today’s action by the Board of Governors will achieve that goal for the 11 public universities in Florida and the thousands of students who attend those institutions.”

Chancellor Mark Rosenberg added the following statement:

“The Florida Board of Governors is committed to ensuring that Florida’s public universities are the model of propriety when students are searching for the best available student loans. We are proud to extend the protections offered by the Florida Code.”

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