From the Wall Street Journal:
"New York Attorney General Andrew Cuomo has touted student-loan
reforms as a marquee achievement of a tenure that has put him on a path
toward the governorship.
Yet two-and-a-half years later, $13 million he collected as part of a settlement with lenders and schools to be used to inform students about financial-aid options remains unspent."
The AG's office had requested bids in May 2009 but apparently no decisions have been made on how the funds will be spent:
"Mr. Cuomo's office began to solicit bids for a Web site, a call center and public-service ads in May. The request for proposal's projected start date is Jan. 1, 2010. The plan for the Web site is to contain objective side-by-side comparisons of loans."
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