March 31, 2006
Sallie Mae Moves to Buy State Agencies, Scaring Critics
New, aggressive strategy brings warnings of monopoly and problems for students
After a decade of swallowing up competitors, Sallie Mae appears to have adopted an even more aggressive strategy, producing anxiety among other players in the student-loan industry and warnings of dire consequences for students.
While most of the loan giant's previous takeovers were friendly, now it is acting like a predator, engaging in what some competitors say is a systematic effort to acquire some
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