Sallie Mae spends $4M to kill bill sending more money to students
(NEWSER) - Education Secretary Arne Duncan tore the nation’s largest student lender a new one today over its efforts to kill the student loan reform bill. “Sallie Mae executives have paid themselves hundreds of millions of dollars in the last decade while teachers, nurses, and scientists face crushing debt because of runaway college tuition costs,” he said in an interview with the Huffington Post , calling the bill a “once-in-a-generation, maybe once-in-a-lifetime” opportunity. More»
