washingtonpost.com: Student Loans Are Private Affairs
Student loan originations have more than doubled nationwide, to $52 billion last year from $24 billion in 1994. Loans rose to 54 percent of all student aid in 2002-03, from 47 percent in 1992-93. As a private company, Sallie Mae has participated directly in that growth, rather than being limited to buying loans written by other lenders.
Last year it originated $12 billion in guaranteed student loans, 23 percent of the market.
Posted by johnvu at November 27, 2004 12:07 AM