Free Republic 1st Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $10,208
12%  
Woo hoo!! And now only $322 to reach 13%!! Thank you all very much!! God bless.

Keyword: educap

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  • Loan Charity's High-Flying Guests Exposed (Daschle, Mayor Daley, Panetta etc.)

    03/04/2009 11:31:22 AM PST · by STARWISE · 19 replies · 1,636+ views
    CBS ^ | 3-4-09 | Sharyl Attkisson
    CBS Evening News: Educational Nonprofit Under Fire For Transporting Politicians With Money That Could Have Gone To Students ### Educap is a multibillion-dollar student loan charity run by CEO Catherine Reynolds. As CBS News Investigative Correspondent Sharyl Attkisson reported Monday night, Educap is under investigation by the IRS and Congress for alleged abuse of its tax-exempt status because it charges high interest on charitable student loans, and provides lavish perks with millions in compensation for Reynolds and her husband. CBS News has obtained exclusive details of what may have been the biggest charity perk: use of Educap's $31 million luxury...