« SBA Economic Injury Disaster Loans Application Deadline Nears
When the Housing Bubble Bursts »

Student Loan Lender Sallie Mae Plans Loan Cuts

Shares of student loan lender Sallie Mae fell 13 percent on Friday after it was announced that they plan to cut U.S. student loans. Shares closed at $16.67, a new low since October of 2000. Sallie Mae representatives went on to say that they plan to be more selective in giving student loans, making it tougher for students to get loans.

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • StumbleUpon
  • Reddit
  • Digg
  • del.icio.us
  • Mixx
  • Facebook
  • Technorati
  • NewsVine
  • Google
  • YahooMyWeb
  • e-mail

This entry was posted on Friday, January 4th, 2008 at 7:58 pm and is filed under Student Loans. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

Comments are closed.