Student Loan Corp. (STU) is in the Financial Services Industry

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• 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...

  Blog posts 2008-04-16

  Tags: Student, Student Loan Corp., Student Loan, Mortgages, Investment, Financial Services, Finance, Capital Structures, Kevin Kelleher

Additional Resources

• Peter Hankwitz Named Chair of California Student Aid Commission

  San Fernando Valley Businessman and Political Figure to Re-Focus State's Postsecondary Education Lending Efforts NORTHRIDGE, Calif. -- The California Student Aid Commission recently announced that it has elected Peter Hankwitz as Chair of the Commission for 2008-09. Hankwitz's election comes just five months after his appointment to the...

  Articles 2008-07-15

• Post-July 1, Borrowers Consolidate Student Loans at Rates as Low as 3.62%

  Borrowers will now be able to consolidate theirvariable-rate federal student loans at significantly lower fixed interestrates, thanks to the Fed's flurry of rate cuts over the last year. Ratecuts made by the Fed largely in response to the subprime mortgage creditcrisis added up to a 3-percent drop for student loan...

  Articles 2008-07-14

• MRU Holdings Announces Closing of $140 Million Private Student Loan Securitization Transaction

  Company's Landmark Securitization Reopens Private Student Loan ABS Market NEW YORK, July 14 /PRNewswire-FirstCall/ -- MRU Holdings, Inc. , a specialty finance company that provides private student loans through its consumer brand MyRichUncleR and its relationships with private label partners, today announced that on July 10th it...

  Articles 2008-07-14

• Kabateck Brown Kellner, LLP: Northstar Student Lender Sued for Breaking Contract

  Lured students with promise of rate reduction, then eliminated it to boost revenues; Student borrowers stand to lose $570 million, states suit LOS ANGELES, July 14 /PRNewswire/ -- Northstar Education Finance broke its contract with its student loan customers and raised their interest rates to generate extra...

  Articles 2008-07-14

• Sallie Mae Appoints Corporate Finance, Compliance Officers

  RESTON, Va. -- Sallie Mae (NYSE:SLM), the nation's leading saving- and paying-for-college company, today announced the appointments of Timothy Kitt, Jim Truitt and Harry Gus Zunino. Kitt joins Sallie Mae as senior vice president, corporate finance. In this role, he will oversee the modeling, structuring and analysis of...

  Articles 2008-07-11

• Continental Airlines Announces Second Quarter Special Items

  HOUSTON, July 11 /PRNewswire-FirstCall/ -- Continental Airlines, Inc. today announced that it has recorded a number of special items during the second quarter of 2008. The special gains losses are as follows in millions: Operating special charge pretax ...

  Articles 2008-07-11

• Fitch to Rate Access Group, Inc. Federal Student Loan Series 2008-1; Presale Issued

  NEW YORK -- Fitch Ratings expects to rate the Access Group, Inc. Federal Student Loan asset-backed floating-rate notes, series 2008-1 as follows: --$427,286,000 class A-1 'AAA'; --$318,159,000 class A-1 'AAA'; --$23,055,000 class B-1 'A'. For more information, see the 'Access Group, Inc....

  Articles 2008-07-10

• The Student Loan Corporation Strategically Realigns Business to Position for Continued Market Leadership

  STAMFORD, Conn. -- The Student Loan Corporation SLC, a subsidiary of Citibank, N.A., announced today a restructuring in various functional areas. This action demonstrates an ongoing strategic focus and decisiveness in managing the franchise through severe market and economic conditions as well as federal policy changes. In order to reduce...

  Articles 2008-07-09

• ChargeSmart™ Launches New Credit Card Bill Payment Solution

  Solution Allows Consumers to Pay Mortgages, Student Loans, Utilities via Credit Card SAN FRANCISCO -- ChargeSmart LLC, a provider of online payment solutions to the financial and mortgage industries, today announced the launch of its comprehensive Web-based payment service allowing consumers to pay their mortgage, auto and education...

  Articles 2008-07-09

• College Students, Parents Benefit From New Student Loan Terms

  Lower interest rates, fees, increased loan limits among changes INDIANAPOLIS, July 8 /PRNewswire/ -- The nation's college students and their parents will benefit from several major changes in the terms of federal student loans, according to USA FundsR, the nation's leading education loan guarantor. "Lower...

  Articles 2008-07-08

• GCO Education Loan Funding Master Trust-II Announces Tender Offer for Select Student Loan Asset-Backed Auction Rate Notes

  GREENWOOD VILLAGE, Colo. -- GCO Education Loan Funding Master Trust-II, a Delaware statutory trust (the "Trust"), today announced that it has commenced a tender offer to purchase certain outstanding senior auction rate Student Loan Asset-Backed Notes, Series 2006-2 and Series 2007-1, in the following classes: A-1AR, A-2AR, A-3AR, A-4AR, A-5AR,...

  Articles 2008-07-08

• NextStudent to Be Featured at CollegeWeekLive on July 10

  CollegeWeekLive, www.collegeweeklive.com , thelargest virtual college fair on the Web, will host its free online "Payingfor College" event on July 10, and NextStudent, a sponsor of the event,will have professional Education Finance Advisors on-hand to chat live withstudents and parents and help them with their questions about financialaid, federal...

  Articles 2008-07-08

• SimpleTuition Connects Quarter of a Million Student Loan Borrowers to Lenders So Far in 2008

  Website Has Potentially Facilitated As Much As $1.2 Billion in Smarter College Borrowing in 2008 ORLANDO, Fla. -- SimpleTuition, the leading student loan comparison site for personalized student loan research, today announced at the National Association of Student Financial Aid Administrators NASFAA conference that the company's award-winning website...

  Articles 2008-07-07

• MRU Holdings Announces Pricing of $140 MM Private Student Loan Securitization Transaction

  Company's Landmark Securitization Reopens Private Student Loan ABS Market NEW YORK, July 3 /PRNewswire-FirstCall/ -- MRU Holdings, Inc. , a specialty finance company that provides private student loans through its consumer brand MyRichUncleR and its relationships with private label partners, today announced that it had priced $140...

  Articles 2008-07-03

• State Employees' Credit Union and Local Government Federal Credit Union Offer Good News to Members Needing Student Loans!

  RALEIGH, N.C. -- State Employees' Credit Union SECU and Local Government Federal Credit Union LGFCU have good news for members looking to fund higher education expenses. Recently joining forces with College Foundation, Inc CFI and North Carolina State Education Assistance Authority NCSEAA, SECU announced a $1.1 billion investment of member...

  Articles 2008-07-02

• July 1 Brings Record-Setting Drop in Student Loan Interest Rates

  Both new and current student loan borrowers ofcertain federal Stafford student loans saw two interest-rate drops go intoeffect yesterday that could save them significant amounts of money on thesefixed- and variable-rate student loans . Borrowers with variable-rateStafford loans saw the biggest rate drop -- three percentage points -- dueto...

  Articles 2008-07-02

• Universal Technical Institute Announces $10 Million Student Loan Program

  - Program To Assist UTI Students Facing Tuition Funding Gap - PHOENIX, July 2 /PRNewswire-FirstCall/ -- Universal Technical Institute, Inc. has developed a $10 million private loan initiative designed to help students facing the challenges of bridging the tuition gap in today's tight credit market. The...

  Articles 2008-07-02

• Fitch Rates SLM Student Loan Trust, 2008-7

  NEW YORK -- Fitch expects to rate SLM Student Loan Trust, 2008-7 as follows: --$388,000,000 class A-1 'AAA'; --$503,000,000 class A-2 'AAA'; --$205,000,000 class A-3 'AAA'; --$407,582,000 class A-4 'AAA'; --$46,502,000 class B 'AAA'; For more information, see...

  Articles 2008-07-02

• Fitch Rates Massachusetts Educational Fin Auth Student Loan Asset Backed Notes, Series 2008

  NEW YORK -- Fitch rates Massachusetts Educational Financing Authority, student loan asset backed notes as follows: --$296,000,000 Series 2008 floating-rate notes, 'AAA' For more information, see the Massachusetts Educational Financing Authority, Series 2008 presale report, available to all investors on Fitch's corporate site, www.fitchratings.com. ...

  Articles 2008-07-02