The First Marblehead Corporation Appoints Richard E. Ross as Chief ...
PENNSYLVANIA NEWS
Online Press Release
PHEAA's New Facility Better Serves Pennsylvania; Creates Jobs
Sallie Mae Posts Strong Third-Quarter 2006 Performance Results
student loans servicing News
Sallie Mae to Go on the Chopping Block?
Is Sallie Mae headed for a break-up? According to The New York Post the student lender hired Goldman Sachs to advise on a sale or spinoff of its student-loan servicing business and its $145 billion government-subsidized loan portfolio.
Read more...State Street Upgraded to Neutral
Based on strong organic growth fueled by efficient cost control and favorable global asset management trends, we are upgrading our recommendation on State Street to Neutral from Underperform.
Read more...Stop orders coming for SLB delinquents
STUDENTS AT the tertiary level who obtain loans from the Students' Loan Bureau (SLB) and flee overseas to escape servicing those liabilities may, in future, be barred from leaving the country.Currently, there is draft legislation to amend the Students'...
Read more...Sallie Mae's Options May Be Limited
Sallie Mae is reportedly mulling its strategic options, and at least one analyst thinks spin-offs are more realistic than an acquisition.
Read more...Sallie sale days
Sallie Mae, America's largest student lender, has tapped Goldman Sachs to help it consider a possible breakup of the company, The Post has learned. The Reston, Va.-based loan originator is working with Goldman to possibly sell or spin off its student-loan servicing business and do the same with...
Read more...Adapting to Change, Student Loan Company Thrives
Now that Uncle Sam is the sole source for federal college student loans, new business models are emerging, including one locally, that provide alternative financing solutions for both students and schools.
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