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- Student Loan Business: An Ethical Dilemma in the Credit Crunch
- Student Loan Business: An Ethical Dilemma in the Credit CrunchBusiness reality & Greater GoodI really wonder where this line comes from... 'This is a situation where business reality outweighs the greater good' and exactly the 'wrong' attitude to take in these present times. HOW CAN business reality ever outweigh the...
- Discussion threads 2008-06-03
Additional Resources
- JPMorgan Chase Asks Court to End Joint Venture with Sallie Mae; Company Seeks to Protect Brand, Student-Loan Business
- CHICAGO -- JPMorgan Chase & Co. (NSYE: JPM) announced today that it has asked a Delaware court to dissolve the company's student-loan joint venture with Sallie Mae in order to protect the Chase brand and Chase's student loan business. This filing reflects JPMorgan Chase's continuing commitment to the student...
- Research articles 2005-02-17
- Student Loan Business: An Ethical Dilemma in the Credit Crunch
- The student loan business is going through a credit crisis, and some of the nation's largest lenders are responding with a new business model that may be sound business but is ethically questionable. Students at the top-tier schools are being taken care of, but those at the...
- Blog posts 2008-06-03
- CIT Group shutters Student Loan Xpress, lays off 124 staff: lending unit victim of national credit crisis
- Student Loan Xpress, a college student lender in Carmel Valley, said it is shutting down operations and laying off 124 employees. SLX, which got its start in the early 1990s, has been hurt by tightened credit markets and a change in the regulations covering the student loan business. ...
- Research articles 2008-05-19
- Student loan fix headed for White House - Washington Update - bill S. 1762 approved by Congress - Brief Article - Statistical Data Included
- An unlikely coalition of students, lenders and members of Congress has ached an agreement that may ensure long-term gains for those who have to borrow money for college. The House of Representatives in January approved legislation that would set student loan interest rates and rate formulas at levels acceptable...
- Research articles 2002-02-14
- Bank One Reaches Agreement with Sallie Mae and Regains Control of its Student Loan Business
- NEW YORK -- Bank One announced today that it has reached agreement with Sallie Mae regarding the termination of its marketing agreement, including the right to in-source all of its student loan sales and marketing activities.
- Research articles 2004-08-03
- Congress and the student loan scam
- REPUBLICANS IN Congress have generally defended corporate welfare for companies involved in the student loan business: lenders that collect billions of dollars in federal subsidies in return for issuing government-backed loans that represent no real risk to the companies themselves. But support for these wasteful subsidies is waning in both...
- Research articles 2007-05-09
- Congress and the student loan scam
- REPUBLICANS in Congress have generally defended corporate welfare for companies involved in the student loan business: lenders that collect billions of dollars in federal subsidies in return for issuing government-backed loans that represent no real risk to the companies themselves. But support for these wasteful subsidies is waning in both...
- Research articles 2007-05-09
- Fitch Rates Connecticut Student Loan Foundation Issue
- Business Editors NEW YORK--BUSINESS WIRE--Nov. 7, 2002 Fitch Ratings assigns the following ratings to the $125,000,000 Connecticut Student Loan Foundation CSLF student loan revenue bonds: Ratings for new issuance: --$47,500,000 student loan revenue bonds, senior series 2002A-1 'AAA'; --$47,500,000 student loan...
- Research articles 2002-11-07
- Fitch Rates ALLSLC Student Loan Program Revenue Bonds, Series IV
- Business Editors NEW YORK--BUSINESS WIRE--Jan. 30, 2003 Fitch rates the following Bonds issued by Access to Loans for Learning Student Loan Corporation ALLSLC: Ratings for new issuance: --$125,000,000 Student Loan Program Revenue Bonds, Senior Series IV-A-6; 'AAA'; --$34,500,000 Student Loan Program Revenue Bonds, Senior Series...
- Research articles 2003-01-30
- Fitch Rates Rhode Island Student Loan Authority Bonds
- Business Editors NEW YORK--BUSINESS WIRE--March 3, 2003 Fitch rates Rhode Island Student Loan Authority Student Loan Revenue Bonds Series 2003. Fitch Ratings assigns the following ratings:-- $36,150,000 Student Loan Program Revenue Bonds, 2003 Series 1, 'AAA'; -- $73,850,000 Student Loan Program Revenue Bonds, 2003 Series 2,...
- Research articles 2003-03-03
- Federal Student Loan Interest Rates Drop to Historic Lows; Southwest Student Services Corp. Offers Student Loan Consolidation Rates Below 1%
- Business Editors GILBERT, Ariz.--BUSINESS WIRE--May 28, 2004 Federal student loan interest rates will fall to record low levels on July 1, 2004. Rates for federal consolidation loans will continue to be well below 1% through incentives offered by Southwest Student Services Corp. Southwest, one of the nation's leading...
- Research articles 2004-05-28
- OKLAHOMA STUDENT LOAN AUTHORITY'S $32,200,000 STUDENT LOAN REVENUE BONDS, SERIES 1994 RATED Aaa BY MOODY'S INVESTORS SERVICE
- NEW YORK--BUSINESS WIRE--Dec. 20, 1994--Effective Tuesday, Moody's Investors Service assigned a Aaa rating to the Oklahoma Student Loan Authority's Series 1994 A Student Loan Revenue Bonds and upgraded the outstanding A rating to Aaa on the Series 1992 A and Series 1992 B Student Loan Revenue Refunding Bonds.
- Research articles 1994-12-20
- Fitch Rates Illinois Student Assistance Commission's $250MM Student Loan Revs
- Business Editors NEW YORK--BUSINESS WIRE--April 21, 2004 Fitch Ratings assigns the following ratings to Illinois Student Assistance Commission's ISAC student loan revenue bonds: Ratings for new issuance: -- $75,000,000 taxable senior series VI-1 'AAA'; -- $75,000,000 taxable senior series VI-2 'AAA'; -- $75,000,000 taxable...
- Research articles 2004-04-21
- Student-Loan Secrets
- As millions of high-school seniors ripped open college-acceptance letters last week, a brewing student-loan scandal was dragging in a growing number of schools, for-profit loan companies and government officials. In recent years, while college tuitions have soared and federal funding of student grants and loans have languished,...
- Research articles 2007-04-16
- Fitch Rates $250 Million ISAC Student Loan Revenue Bonds
- Business Editors NEW YORK--BUSINESS WIRE--April 21, 2004 Fitch Ratings assigns the following ratings to Illinois Student Assistance Commission's ISAC Student Loan Revenue Bonds: Ratings for new issuance: -- $75,000,000 Taxable Senior Series VI-1, 'AAA'; -- $75,000,000 Taxable Senior Series VI-2, 'AAA'; -- $75,000,000 Taxable...
- Research articles 2004-04-21
- Obama Sort Of Weasels Out Of Student Loan Proposal
- Sallie Mae the government subsidized student loan provider had been facing a loss of revenue under an Obama Administration proposal to eliminate subsidizing private companies to make student loans. Rather the government would return to the days where itself issued the loans. Late last year the company had...
- Blog posts 2009-07-09
- USA Group to Sell Student Loans for Bank One.(Knight Ridder/Tribune Business News)
- Jan. 7--INDIANAPOLIS--In a major move to the front end of the student loan business, USA Group has contracted to sell student loans for Bank One. Jan. 7--INDIANAPOLIS--In a major move to the front end of the student loan business, USA Group has contracted to...
- Research articles 2000-01-10
- Sallie Mae Selects Proginet's Enterprise Software for Nationwide Internet Student Loan Processing
- GARDEN CITY, N.Y.--BUSINESS WIRE--November 23, 1999-- Sallie Mae (NYSE:SLM), the nation's leading servicer and financer of education loans, has selected Proginet's (VSE:PRFu.V) CyberFusion software to implement student loan approvals over the internet with unmatched security, reliability, speed and scalability. Sallie Mae's Internet-based student loan application system, Laureate, is...
- Research articles 1999-11-23
- Fitch Rates Student Loan Finance Association Education Loan Revs
- Business Editors NEW YORK--BUSINESS WIRE--Nov. 20, 2002 Fitch rates the following bonds issued by the Student Loan Finance Association: Ratings for new issuance: --$50,000,000 tax-exempt education loan revenue bonds, 2002 series A-3 'AAA'; --$57,850,000 tax-exempt education loan revenue bonds, 2002 series A-4 'AAA'; --$75,000,000...
- Research articles 2002-11-20
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