sallie mae

Who’s Getting Rich Off Student Loans in the United States?

Alexander Reed Kelly / Truthdig Sep 30, 2016 Student debt is an industry worth $140 billion a year. And it got that way because the federal government relinquished control over the student loan program. Dig deeper ( 2 Min. Read )

Revealed: How Wall Street and the Government Profit From Student Debt

Staff / Truthdig Jun 29, 2016 In a riveting article by The Center for Investigative Reporting, authors James B. Steele and Lance Williams detail how indebted students suffer as others cash in. Dig deeper ( 2 Min. Read )

Elizabeth Warren Calls for Total Overhaul of Student Loan System

By Nika Knight / Common Dreams Apr 1, 2016 “Everyone in government who is serious about standing up for the tens of millions of student loan borrowers in this country should embrace [these reforms],” the Massachusetts senator said of her five-point plan. Dig deeper ( 2 Min. Read )

After Years of Troubles, Largest Student-Loan Servicers Get Stepped-Up Oversight

Staff / Truthdig Dec 4, 2013 Sallie Mae and other large student-loan servicers -- the companies that act as a go-between for borrowers and lenders -- will soon be getting some regular oversight from the Consumer Financial Protection Bureau, the watchdog agency announced this week. Dig deeper ( 2 Min. Read )

Wendy Davis Won’t Back Down, Maher Rips Voting Rights Act Decision, and More

Tracy Bloom / Truthdig Jul 1, 2013 A look at the day's political happenings, including Sen. Elizabeth Warren's latest fight against student loan rate increases and what the top two Senate Republicans are requesting of the NFL and other major American sports leagues. Dig deeper ( 3 Min. Read )

Obama Signs Student Loan Legislation

Staff / Truthdig Mar 31, 2010 President Barack Obama made the short trip to Northern Virginia Community College on Tuesday to put the final touch -- his signature -- on legislation that included additional action items on the health care reform list and an overhaul of the federal student loan system. Dig deeper ( 1 Min. Read )