sallie mae

Tacked on to the health care reform bill at the last minute was a bill to overhaul the student loan program and eliminate a $60 billion program for support of private student loans. If the reconciliation bill is passed by the Senate, all future federal student lending will be done by the federal...

The College on a Dime series is written by Zac Bissonnette, a junior at the University of Massachusetts, Amherst. His book College On a Dime will be published by Penguin in the fall.In a press release issued this morning, Sallie Mae suggests that students use private student loans provided by...

Perhaps no area of life affects undergraduate students more than credit. In this article, Money College writer Katie Drews relates the stories of college kids in a credit crunch; please check out Money College's Peter Sachs insights into credit and college here. Twenty-two-year old Matthew Alonzo...

Attention, beleaguered parents! If you're trying to save for your kids' college education, this little news item may be for you. Sallie Mae, the nation's largest lender of college student loans, has just unveiled two ways to save: certificates of deposit and an FDIC-insured, online savings...

Long-time Indiana Democratic Senator Evan Bayh recently announced his plans to retire -- but those plans won't interfere with his desire to stand in the way of student loan reform, lower costs for students, and greater availability of grant aid for low-income students. The problem? Sallie Mae...

Is it the end the line for the $92 billion student loan industry? A bill passed yesterday by the U.S. House of Representatives would effectively end the decades-long practice of the federal government subsidizing banks and other private companies such as Sallie Mae (SLM Corp. (SLM) to act as...

As student debt loans continue to grow exponentially while jobs for recent grads dry up, Sallie Mae is doing its part to lend a helping hand to the students who owe them tens of thousands of dollars.No, not relaxed payment terms, reduced interest rates, or debt forgiveness. What do you think this...

Over the past few weeks, IBM (IBM) submitted a patent for a new form of off-shoring methodology, while Sallie Mae decided to move 2,000 overseas customer-service jobs back to the United States. As President Obama's economic stimulus package works to encourage American job creation, it's worth...

President Obama's $3.55 trillion budget is like a dead deer on the side of the road being picked apart by a flock of vultures. As we speak, a battalion of Washington lobbyists, Wall Street analysts, think tank experts, congressional staffers, and people who find CSPAN entertaining are picking...

Two-thirds of students have to borrow to attend colleges, according to FinAid. They leave campus on graduation day 2004 with an average $19,237 in debt, but some owe far more. About one-quarter borrow at least about $25,000, and one in 10 borrow more than $35,000. Fannie Mae and Freddie Mac were...