Govt To Ratchet Up Collections On Student Loans
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Due to the persistently high percentage of government student loans in default, Education Minister Carl Bethel said the government is contemplating ‘get-tough’ measures to increase collection.
Due to the persistently high percentage of government student loans in default, Education Minister Carl Bethel said the government is contemplating ‘get-tough’ measures to increase collection.
As of June 30, 2007, [...]
SLM Reports Loss Amid Higher Costs Reduced Subsidies (Update7)
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Jan. 23 (Bloomberg) — SLM Corp., the largest U.S. provider
of student loans, reported an unexpected quarterly loss of $1.64
billion on increased reserves for defaulted loans and stock
buybacks to settle futures contracts.
The [...]
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