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Jun18
Emerson Dean Probed for Conflict of Interest with Loan Firm

The dean of enrollment at Emerson College was placed on paid leave after a U.S. Senate report was released by Senator Edward M. Kennedy.

The dean received $36,000 in consulting fees from a loan company that Emerson College allegedly promoted to students.

The dean is saying he did nothing wrong.

The Senate report says:

1. the dean earned $1500/month as a "government relations liaison" for Collegiate Funding Services.emerson.college.dean.JPG

2. the dean drafted letters to congressmen at the company's request

3. the dean allowed his name and college to be used in marketing materials for the loan company.

4. the dean recommended the company to other colleges

5. the dean was hoping to accept a $50,000 investment for a business venture from the loan company.

Conflict of interest?

If true...absolutely so.

And we thought that enrollment guys were helping us get the best loans, didn't we?

 


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