All Posts Tagged: 'Stephen Burd'


Why Didn’t I Think of That

September 24th, 2008 | Category: Undergraduate Education

Once upon a time, all the way back in the early 1980s, Congress passed a law that guaranteed lenders a minimum return of 9.5% on student loans. The financial world was very different back then–the prime rate was almost 19% in 1981–and the student loan industry wasn’t as robust. But as time went on interest [...]

Giving an Inch?

May 22nd, 2008 | Category: Undergraduate Education

In a rare moment these days, Bush administration officials and Congress are being applauded for their quick and measured response to problems (or, more accurately, the threat of problems) with student loan availability. Spurring lawmakers along was a looming Sallie Mae conference call with college officials, in which some speculated that Sallie Mae–the nation’s largest [...]