Submit a Story / News

Sponsored Links

Higher Ed News

Student Loan Corp May Falter Without Government Pact

Source: Posted By: Billy 4120 days ago

Student Loan Corp. (STU) is feeling a little lonely these days - and that could devastate its business.

The company, a subsidiary of Citigroup Inc.'s (C) Citibank N.A., was the only publicly traded dedicated student lender not chosen last month for the government loan-servicing contracts analysts say could help save the industry. Student Loan wasn't even picked as a finalist. A source familiar with the contracts said servicing capacity was a major consideration in choosing the final four recipients.....

Read full story >>

  • (1 vote)   

View Comments  

No Comment available.  Write the first comment

© 2009-2020, All Rights Reserved.
Higher Ed Space ® is a registered trademark of AmeriCareers LLC.