﻿<?xml version="1.0" encoding="utf-8"?><rss version="2.0"><channel><title>Sallie Mae news stories on Newser</title><description>Read more Sallie Mae stories on Newser</description><link>http://www.newser.com/taggrid/1209/sallie-mae.html</link><copyright>2009 - Newser</copyright><language>en-us</language><generator>Newser Feed Generator</generator><pubDate>Tue, 24 Nov 2009 12:29:51 CST</pubDate><item><guid isPermaLink="true">http://www.newser.com/story/63136/oil-prices-rise-dow-up-91.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>Oil Prices Rise; Dow Up 91</title><description>Stocks enjoyed modest gains today as a jump in oil prices lifted energy firms, the Wall Street Journal reports. Crude futures rose $2.33, to $71.49 a barrel; Exxon shares gained 2.39%. Financials also saw advances, led by Sallie Mae, which jumped 8.2% on new government terms...</description><link>http://www.newser.com/story/63136/oil-prices-rise-dow-up-91.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Mon, 29 Jun 2009 15:15:00 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/56026/fight-looms-over-plan-to-give-loan-funds-to-students.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>Fight Looms Over Plan to Give Loan Funds to Students</title><description>President Obama's plans to end a subsidized student-loan program—diverting billions of dollars in profits for private lenders like Sallie Mae to scholarships for needy students—is prompting howls of protest from lenders and setting up a Congressional showdown, the New York Times reports. The Congressional Budget Office estimates that...</description><link>http://www.newser.com/story/56026/fight-looms-over-plan-to-give-loan-funds-to-students.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Mon, 13 Apr 2009 8:49:28 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/29003/banks-cut-colleges-eligible-for-student-loans.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>Banks Cut Colleges Eligible for Student Loans</title><description>Students at 2-year and some less competitive 4-year colleges will be having a tougher time finding loans as banks trim the list of colleges they serve, reports the New York Times . In a move that potentially shuts out some of the neediest students, Citibank, JPMorgan, PNC, and SunTrust all say...</description><link>http://www.newser.com/story/29003/banks-cut-colleges-eligible-for-student-loans.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Mon, 02 Jun 2008 8:09:09 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/17623/sallie-mae-drops-900m-lawsuit.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>Sallie Mae Drops $900M Lawsuit</title><description>Beleaguered student loan provider Sallie Mae yesterday dropped its $900 million lawsuit against the onetime suitors who bailed on a $25.3 billion buyout after the credit crunch caused would-be investors to walk away, reports the Washington Post . By agreeing not to seek the penalty from investment firm JC Flowers...</description><link>http://www.newser.com/story/17623/sallie-mae-drops-900m-lawsuit.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Tue, 29 Jan 2008 9:31:45 CST</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/15009/student-lender-sallie-mae-plans-25b-stock-sale.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>Student Lender Sallie Mae Plans $2.5B Stock Sale</title><description>With a credit rating bordering on junk-bond status, embattled student loan provider Sallie Mae plans a public stock offering to raise $2.5 billion, reports the Wall Street Journal . The company will use $2 billion to buy back its own stock futures, which have lost value recently following a failed...</description><link>http://www.newser.com/story/15009/student-lender-sallie-mae-plans-25b-stock-sale.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Thu, 27 Dec 2007 7:37:00 CST</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/9575/ex-sallie-mae-suitor-tries-to-dodge-breakup-fee-in-court.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>Ex-Sallie Mae Suitor Tries to Dodge Breakup Fee in Court</title><description>The group that offered to buy out educational lender Sallie Mae for $25 billion is now seeking court approval to back out and avoid paying a $900 million break-up fee. The investor group, including Bank of America and JPMorgan Chase, is arguing that recent legislation will reduce the student loan...</description><link>http://www.newser.com/story/9575/ex-sallie-mae-suitor-tries-to-dodge-breakup-fee-in-court.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Tue, 16 Oct 2007 4:13:32 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/9084/sallie-mae-sues-spooked-suitors.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>Sallie Mae Sues Spooked Suitors</title><description>College student lender Sallie Mae is suing a group of private equity firms and banks that are backing out of a $25-billion buyout deal. The group—J.C. Flowers &amp; Company, Friedman Fleischer &amp; Lowe, JP Morgan Chase and Bank of America—had set a deadline of today for negotiating...</description><link>http://www.newser.com/story/9084/sallie-mae-sues-spooked-suitors.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Tue, 09 Oct 2007 5:45:00 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/8304/25b-sallie-mae-buyout-on-the-rocks.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>$25B Sallie Mae Buyout on the Rocks</title><description>Sallie Mae doesn’t look like such a bargain at $25 billion anymore, and J.C. Flowers &amp; Co. is trying to renegotiate—or escape—its deal to acquire the student lender, citing the credit market implosion and legislation to reform student loan practices. It’s the kind of deal once considered...</description><link>http://www.newser.com/story/8304/25b-sallie-mae-buyout-on-the-rocks.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Thu, 27 Sep 2007 9:52:08 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/2427/sallie-mae-chief-quits.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</guid><title>Sallie Mae Chief Quits</title><description>The CEO of student loan giant Sallie Mae resigned unexpectedly yesterday in the midst of a $25 billion buyout by a private equity firm. The Wall Street Journal reports that Thomas J. Fitzpatrick was pressured out to stave off Congressional criticism of the buyout by J.C. Flowers and Co,...</description><link>http://www.newser.com/story/2427/sallie-mae-chief-quits.html?utm_source=syn&amp;utm_medium=rss&amp;utm_campaign=tag</link><pubDate>Wed, 23 May 2007 5:52:25 CDT</pubDate></item></channel></rss>