BNET Industries
Market Cap:$921.9M
Last Fiscal Year Sales:$1.7B
- Public
- US
Dow Jones Description
Educational Credit Services
Number of Employees 355
Contact Information
750 Washington Blvd
Stamford, Connecticut 06901
(203) 975-6237
Peer Companies
NAICS Code All Other Nondepository Credit Intermediation: 522298
Recent Events
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Grounded Helicopter Students Win Some Financial Relief
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Student Loan Corp. Nets $54M In Q3
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State Employees' Credit Union Provides Additional Commitment for Student Loans
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Deutsche Bank's ALPS Program Purchases Student Loans from Northwestern University
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Student Choice Launches CUSelect to Connect Private Student Loan Borrowers with Credit Unions
News & Analysis
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student loan corp. - All News and Analysis
Fitch Affirms 7 Classes from SLC Student Loan Trust 2007-1
NEW YORK -- Fitch Ratings affirms 7 classes from the following Federal Family Education Loan Program FFELP student loan asset-backed notes issued by the Student Loan Corporation SLC: SLC Student Loan Trust 2007-1 --Class A-1 at 'AAA'; --Class A-2 at 'AAA'; --Class A-3 at 'AAA'; ...
Fitch Upgrades ALL Student Loan Corporation Series II Trust Subordinate Bonds
NEW YORK -- Fitch Ratings has upgraded the following ratings for ALL Student Loan Corporation ALLSLC series II Trust:
Fitch Confirms Alaska Student Loan Corp. 2002 Master Indenture
NEW YORK -- Fitch Ratings has confirmed the following ratings for Alaska Student Loan Corporation ASLC 2002 Master Indenture:
The Student Loan Corporation Announces First Quarter Earnings
STAMFORD, Conn. -- The Student Loan Corporation (NYSE:STU) today reported net income of $15 million, or $0.76 per share, for the quarter ended March 31, 2008, a decrease of $29 million (65%) compared to net income of $44 million, or $2.20 per share, reported in same quarter of 2007. This...
Student Loan Corp. Loves Loans, Hates Students
One of the scary things about the Great Credit Crunch of 2008 is that the contagion of lending fear could spread from mortgages to other activities dependent on debt - such as credit cards, home equity loans and even student loans. And now, halfway through April, exactly...
The Student Loan Corporation Sharpens Strategic Focus on Lending Activities
STAMFORD, Conn. -- Citing dislocation in the capital markets and recent federal legislation, The Student Loan Corporation SLC, a subsidiary of Citibank N.A. and a leading originator of student loans, announced today that, for the time being, it will suspend lending at certain schools and withdraw from the Federal Consolidation...
The Student Loan Corporation Announces Year-End and Fourth Quarter Earnings
STAMFORD, Conn. -- The Student Loan Corporation (NYSE:STU) today reported net income of $183 million, or $9.13 per share, for the year ended December 31, 2007, a decrease of $104 million (36%) compared to net income of $287 million, or $14.34 per share, reported for 2006. This decrease was primarily...
The Student Loan Corporation Announces Third Quarter Earnings
STAMFORD, Conn. -- The Student Loan Corporation (NYSE:STU) today reported net income of $25 million ($1.25 per share) for the third quarter of 2007, a decrease of $53 million (68%) compared to net income of $78 million ($3.89 per share) for the same period of 2006. This decrease was primarily...
Fitch Ratings Affirms 327 ABS Student Loan Bonds
NEW YORK -- Fitch Ratings has completed a portfolio review of student loan transactions which are either entirely wrapped by a bond insurer or fully backed by state capital reserve funds. Fitch has affirmed 327 classes based on the irrevocable bond insurance policy. The guaranty insurance policy covers the timely...
Fitch Rates Kentucky Higher Education Student Loan Corp. FFELP Servicer 'Proficient Plus'
NEW YORK -- Fitch Ratings assigns a 'Proficient Plus' rating to Kentucky Higher Education Student Loan Corporation KHESLC for FFELP loan servicing. In addition, Fitch assigns a 'Proficient Plus' rating for private student loan servicing. The FFELP rating is based on their ability to exceed Department of Education ED guidelines...
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