University of Wisconsin campuses would be barred from accepting payments from student loan companies in exchange for recommending them to borrowers under a proposal to be considered for approval this week.
The policy aims to reassure the UW system’s students, who took out a record $592.7 million in loans last year, that campus administrators are looking out for their best interests amid a national scandal in the industry. The plan would also guide UW employees and companies on how to avoid unseemly relationships.