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Tag: Sallie Mae


Who’s Getting Rich Off Student Loans in the United States?

Student debt is an industry worth $140 billion a year. And it got that way because the federal government relinquished control over the student loan program.

Posted on Sep 30, 2016 READ MORE


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Revealed: How Wall Street and the Government Profit From Student Debt

In a riveting article by The Center for Investigative Reporting, authors James B. Steele and Lance Williams detail how indebted students suffer as others cash in.

Posted on Jun 29, 2016 READ MORE



Elizabeth Warren Calls for Total Overhaul of Student Loan System

“Everyone in government who is serious about standing up for the tens of millions of student loan borrowers in this country should embrace [these reforms],” the Massachusetts senator said of her five-point plan.

Posted on Mar 31, 2016 READ MORE



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After Years of Troubles, Largest Student-Loan Servicers Get Stepped-Up Oversight

Sallie Mae and other large student-loan servicers—the companies that act as a go-between for borrowers and lenders—will soon be getting some regular oversight from the Consumer Financial Protection Bureau, the watchdog agency announced this week.

Posted on Dec 3, 2013 READ MORE



Wendy Davis Won’t Back Down, Maher Rips Voting Rights Act Decision, and More

A look at the day’s political happenings, including Sen. Elizabeth Warren’s latest fight against student loan rate increases and what the top two Senate Republicans are requesting of the NFL and other major American sports leagues.

Posted on Jun 30, 2013 READ MORE


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Obama Signs Student Loan Legislation

President Barack Obama made the short trip to Northern Virginia Community College on Tuesday to put the final touch—his signature—on legislation that included additional action items on the health care reform list and an overhaul of the federal student loan system.

Posted on Mar 30, 2010 READ MORE


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