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Financial Aid in the News

Sallie Mae Predicted To Gain Market Share From Student-Loan Crunch (The Chronicle of Higher Education)

"Student-loan crises may come and go, but apparently the profitability of Sallie Mae, the nation's largest student-loan company, remains," according to The Chronicle of Higher Education. "Less than a week after Congress approved legislation designed to ensure that student-loan companies continue to issue federally subsidized student loans, a Wall Street research firm, Lehman Brothers, has issued a report analyzing the bill's effects on Sallie Mae. Lehman's conclusion: The bill, which awaits President Bush's signature, appears to guarantee that Sallie Mae and some other student-loan companies will not only remain profitable but 'potentially gain considerable market share,' given that some competitors have withdrawn from the marketplace."

You can read the complete May 6, 2008 Chronicle of Higher Education news blog on-line. A paid subscription may be required.

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