Student Loan News, Updates and Blog Posts

“Student Loan Corp. (STU) is feeling a little lonely these days – and that could devastate its business,” The Wall Street Journal reports. “The company, a subsidiary of Citigroup Inc.’s Citibank N.A., was the only publicly traded dedicated student lender not chosen last month for the government loan-servicing contracts analysts say could help save the industry. Student Loan wasn’t even picked as a finalist. A source familiar with the contracts said servicing capacity was a major consideration in choosing the final four recipients.”