Massachusetts: Student Loan Authority May Not Get State Aid (The Boston Globe)
"Financial help from the state appears unlikely for Massachusetts' student loan authority, which is pressing ahead with efforts to raise money the traditional way - in the public market," The Boston Globe reports. "The Massachusetts Educational Financing Authority has hired a new lead investment bank, Morgan Stanley & Co., and a new bond insurer and is aiming to raise about $400 million from large investors, according to a person involved in the effort."
You can read the complete August 14, 2008 Boston Globe article on-line.
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