Group Calls for More Oversight of Sallie Mae and Other Loan Servicers

State and federal regulators should step up their oversight of Sallie Mae and other student-loan servicers, and better coordinate their enforcement efforts, according to a new report by the National Consumer Law Center.

The report, "The Sallie Mae Saga: A Government-Created, Student-Debt-Fueled Profit Machine," offers a case study of Sallie Mae, charting the company's rise