Sallie Mae Lowers Its Profit Forecast for 2008

Story date: 2007-12-13 02:50:00
Added on: 2007-12-13 06:42:01

The Ledger - Defaults are rising on student loans, and credit-market tremors similar to those linked to the mortgage crisis have begun to show up in the $85 billion student-loan market. Last Friday, First Marblehead Corp., which packages student loans for sale to ...


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