On May 7, 2007, the Minneapolis Star Tribune reported:
"To Frank Loncorich, there's nothing wrong with the trips that are paid partly or fully by the preferred providers of college loans to St. Cloud State University students.
"The St. Cloud State financial aid director has attended several conferences in Florida and two in California, at which lenders paid for his lodging. And there are the annual weekends in Bayfield, Wis., and excursions on the St. Croix River.