In Brief
[naviga:h3]Student loan agency under investigation[/naviga:h3]
HARRISBURG — The Massachusetts attorney general is telling Pennsylvania’s student loan agency it’s under investigation for “consumer protection” issues related to federally backed student loans.
The board chairman of the Pennsylvania Higher Education Assistance Agency confirmed that Massachusetts Attorney General Maura Healey disclosed the investigation in a letter last week.
The student loan agency operates two corporate units that together manage and collect more than $392 billion in student loans. It also is distributing about [naviga:h3]$400 million in grants this year. [/naviga:h3]
Aetna headquarters moving to NYC
HARTFORD, Conn. — Insurance giant Aetna made it official Thursday, announcing it will move its headquarters to New York City beginning in late 2018 after nearly two centuries in Hartford, Connecticut.
Mark Bertolini, Aetna’s CEO and chairman, said New York City is a “knowledge economy hub” and a driver of innovations.
The news was not a total surprise to Connecticut officials, who learned in May that Aetna was in negotiations with several states about moving its corporate base from the state’s capital.
