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BOSTON � Massachusetts Attorney General Martha Coakley announced that her office is investigating the college loan industry. The office is probing for illegal or inappropriate relationships between colleges and lenders, Coakley said. The office is examining such practices as revenue sharing between lenders and Massachusetts colleges and lenders making payments to schools for preferential treatment. “Every prospective student deserves a fair chance of financing a college education,” said Attorney General Martha Coakley. Coakley’s office plans to work with other state Attorneys General, including the office of New York Attorney General Andrew Cuomo.

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