Submit a Story / News


Sponsored Links

Higher Ed News

Sallie Mae Wins Pact for U.S. Student Loans

Source: online.wsj.com Posted By: Jon P...3470 days ago

BOSTON -- SLM Corp. won a crucial contract Wednesday from the U.S. Department of Education to service federal student loans.

The decision had been awaited by investors in the largest U.S. student-loan company, commonly known as Sallie Mae. It will provide income that would offset the loss in revenue stemming from the Obama administration's plans to rein in subsidies paid to student lenders.

"We are very pleased to be awarded the opportunity to apply our experience and expertise for the benefit....

Read full story >>

  • (0 vote)   








View Comments  



No Comment available.  Write the first comment






© 2009-2018 HigherEdSpace.com, All Rights Reserved.
Higher Ed Space ® is a registered trademark of AmeriCareers LLC.