Kentucky Higher Education Student Loan Corporation.

Every year, more than 20 million students apply for federal financial aid to help pay for college. Five years ago, Mandy Stango was one of them.

To get there, though, Stango felt confused and woefully unprepared. That confusion started with the very first step in the process, as she and her family had to fill out the Free Application for Federal Student Aid. The FAFSA.

"I sat there, I read the directions, and crossed my fingers and hoped I was doing the right thing," says Stango, who's now 23.

wikipedia.com

A new report from the Lexington Herald-Leader shows the former head of student loan agencies in Kentucky spent over $55,000 on travel and entertainment from 2010 to 2011. The newspaper obtained the expense reports of Edward Cunningham through the Kentucky Open Records Act. Cunningham was chief executive of the Kentucky Higher Education Assistance Authority and the Kentucky Higher Education Student Loan Corporation until his retirement in April.