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ABC News (Free subscription) | 07/30/2008
... lenders, "it's very disappointing that it's gone this way in the student loan industry." Student loan companies traditionally raise capital by selling bonds, but as a fall-out from the subprime housing meltdown continues to shake the country's financial sector, investors have become wary about putting their money into student loans. RelatedAs a result, "lenders have been having a...
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Forbes (Free subscription) | 07/23/2008
... mission drifts," and perhaps serious talk about privatizing them. "You can privatize it. [Student loan company] Sallie Mae (nyse: - - ) was privatized," he says. "There's precedent for that." But Fannie and Freddie are just two blights on an otherwise dismal economic landscape. Holtz-Eakin won't say whether McCain thinks a second economic stimulus plan is needed, but he talked in...
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The Philadelphia Business Journal (Free subscription) | 06/26/2008
Student loan company SLM Corp., better known as Sallie Mae, said it is eliminating 160 of 250 jobs at its Mount Laurel, N.J., site. (SLM)
