Lenders Pay a Steep Price to Be NoticedBy STEPHEN BURDIf Congress fails to renew the Higher Education Act this year, as it is likely to do, few people will be more disappointed than officials at Sallie Mae. The company, the largest financer of federal student loans, lobbied hard and spent a lot of money on campaign contributions to get several friendly provisions inserted into the legislation that governs... Copyright © 2008 by The Chronicle of Higher Education Subscribe | About The Chronicle | Contact us | Terms of use | Privacy policy | Help |