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	<title>Stock Blog Hub &#187; Student Loan Corp.</title>
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		<title>(SLM) House of Representatives Approves Student Loan Bill</title>
		<link>http://www.stockbloghub.com/2009/09/18/slm-house-of-representatives-approves-student-loan-bill/15663</link>
		<comments>http://www.stockbloghub.com/2009/09/18/slm-house-of-representatives-approves-student-loan-bill/15663#comments</comments>
		<pubDate>Fri, 18 Sep 2009 23:21:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[COCO]]></category>
		<category><![CDATA[Corinthian Colleges Inc.]]></category>
		<category><![CDATA[ESI]]></category>
		<category><![CDATA[ITT Educational Services Inc.]]></category>
		<category><![CDATA[Nelnet Inc.]]></category>
		<category><![CDATA[NNI]]></category>
		<category><![CDATA[SLM]]></category>
		<category><![CDATA[SLM Corp.]]></category>
		<category><![CDATA[STI]]></category>
		<category><![CDATA[STU]]></category>
		<category><![CDATA[Student Loan Corp.]]></category>
		<category><![CDATA[SunTrust Banks Inc.]]></category>

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		<description><![CDATA[On Thursday, the House of Representatives approved a bill that would effectively eliminate the role of private lenders in the student loan market and establish the government as the sole lender of student loans under a program run by the US Education department. The bill, which was passed with a 253-171 vote, will now be reviewed by the Senate. If enacted, the bill would put an end to the Federal Family Education Loan Program and severely impact banks, particularly student lender SLM Corp. or Sallie Mae (SLM). Besides Sallie Mae, other companies who could be at risk under the new legislation are Student Loan Corp. (STU), Nelnet Inc. (NNI), ITT Educational Services (ESI), SunTrust Banks (STI) and Corinthian Colleges Inc. (COCO). According to the Congressional Budget office, this bill would ]]></description>
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		<title>(SLM) Fitch Ratings Downgrades Sallie Mae</title>
		<link>http://www.stockbloghub.com/2009/09/16/slm-fitch-ratings-downgrades-sallie-mae/15371</link>
		<comments>http://www.stockbloghub.com/2009/09/16/slm-fitch-ratings-downgrades-sallie-mae/15371#comments</comments>
		<pubDate>Wed, 16 Sep 2009 22:13:06 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[COCO]]></category>
		<category><![CDATA[Corinthian Colleges Inc.]]></category>
		<category><![CDATA[ESI]]></category>
		<category><![CDATA[ITT Educational Services Inc.]]></category>
		<category><![CDATA[Nelnet Inc.]]></category>
		<category><![CDATA[NNI]]></category>
		<category><![CDATA[SLM]]></category>
		<category><![CDATA[SLM Corp.]]></category>
		<category><![CDATA[STI]]></category>
		<category><![CDATA[STU]]></category>
		<category><![CDATA[Student Loan Corp.]]></category>
		<category><![CDATA[SunTrust Banks Inc.]]></category>

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		<description><![CDATA[The corporate ratings of student lender SLM Corp. or Sallie Mae (SLM) was downgraded by Fitch Ratings yesterday. The outlook assigned was negative. The ratings downgrade reflects the agency’s concern about the company’s business model. Fitch expects the company to continue to shift to a fee-for-service business model with its subsidiary Sallie Mae Bank originating higher-risk private education loans. Fitch downgraded the long-term issuer default and senior debt ratings to &#8220;BBB-&#8221; from &#8220;BBB&#8221;, while preferred stock was downgraded to &#8220;BB&#8221; from &#8220;BB+&#8221;. The short-term issuer default rating and short-term debt ratings were affirmed at &#8220;F3&#8243;. About $34.4 billion of debt and preferred stock is affected by these actions. To restore the $92 billion student loan market, the House Education committee approved a legislation, which closes the Federal Family Education Loan ]]></description>
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