Home » News

Sallie Mae Fights for Student-Loan Role in a Campaign That’s All About Jobs (The Chronicle of Higher Education)

24 November 2009 201 views No Comment

“For two weeks, at grocery stores, nursing homes, and soccer games, employees of Sallie Mae’s loan-service and data center in Fishers [Indiana] had tried to persuade their neighbors to join them in signing a petition urging Congress to consider alternatives to the Obama administration’s plan to end bank-based student lending,” The Chronicle of Higher Education reports. “The company official, Jon Kroehler, a senior vice president, told the crowd that one employee had handed around the petition in a hospital delivery room as his wife was giving birth. As he finished reciting a few last facts about the company’s Fishers location (its $148-million payroll has the economic impact of 7,000 local jobs, he said), about 20 employees ran out from behind him, clapping and grinning and carrying stacks of petitions. Above, a banner dropped to reveal the total number of signatures: 81,437, greater than the population of Fishers.”

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...

Financial Aid News is sponsored in part by:


Leave your response!

Add your comment below, or trackback from your own site. You can also subscribe to these comments via RSS.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar.

<