September 6, 2002

Ex-Official of Sallie Mae to Head Office of Federal Student Aid

A 20-year veteran of the student-lending giant Sallie Mae has been chosen to head the Education Department's efforts to modernize the federal student-aid programs.

Theresa S. Shaw will replace Greg Woods, who resigned in May after leading the Office of Federal Student Aid since it was established, in 1998. Ms. Shaw has spent most of her career at Sallie Mae, the nation's largest financer of student loans, in a variety of positions, including chief information officer and senior vice

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