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Articles tagged with: Sallie Mae

In the News: Obama Suggests Major Overhaul of Student Loans

On Wednesday, President Obama revealed his budget plan, which includes a major overhaul of the current federal student loan program. The sweeping and controversial plan would completely alter the $85 billion student loan business, which currently profits companies like Sallie Mae to the tune of $4 billion a year. Here’s how: The way federal Stafford […]