February 1, 2008
News Analysis: Is Sallie Mae a New Force for College Accountability?
Washington
A commission appointed by Education Secretary Margaret Spellings spent most of 2006 prodding colleges to be more accountable for their costs and the quality of education they provide.
Yet in a single day last month—for better or worse—the nation's largest student-loan company may have made more progress on that score than the government did.
Executives at Sallie Mae, addressing industry analysts on January 23, said their financially struggling company was
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