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Wednesday, October 5, 2022

White House Plan Would End Subsidies to Student Lenders

The Obama administration has proposed a sweeping change in the $85 billion-a-year student loan industry, one that could fundamentally alter the business of lenders such as Sallie Mae.

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The Obama administration has proposed a sweeping change in the $85 billion-a-year student loan industry, one that could fundamentally alter the business of lenders such as Sallie Mae.

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