 |
 |
| Student loans in the news in Pennsylvania |  |
Read Sallie Mae press releases.
Conservative Critic Questions Resolution Praising PHEAA
The state House passed a resolution last week praising the state's student loan agency, but a critic questioned whether the action wasn't an effort
to deflect attention from an examination of the agency's wealth. ...(12/25/05)
Read the full story.(PDF, 11 kb)
Lawmakers Seek Changes to PA.'s Student-loan Agency
A bill to change Pennsylvania's state-run student loan system aims to make the agency more open to competition, and backers say the proposed changes could save
students and their families millions of dollars. ...(10/7/05)
Read the full story. (PDF, 12 kb)
Deadline Quietly Passes on $1 Billion Offer from PHEAA
A bill to change Pennsylvania's state-run student loan system aims to make the agency more open to competition, and backers say the proposed changes could save
students and their families millions of dollars. ...(9/2/05)
Read the full story. (PDF, 12 kb)
Sallie Mae Withdraws its $1 Billion PHEAA offer
Sallie Mae's $1 billion offer to take over the state's student loan agency is off the table. ...(9/1/05)
Read the full story. (PDF, 13 kb)
PA. Legislature Aims to Improve Stafford Loans
Penn State student loans are under scrutiny following the drafting of a state Senate bill that would open up the market to more competition. ...(7/22/05)
Read the full story. (PDF, 9 kb)
House Panel Hires Firm to Perform PHEAA Audit
Lawmakers are trying to learn more about the wealth of the state's student loan agency. ...(7/21/05)
Read the full story. (PDF, 7 kb)
PHEAA Sees Another Challenge: The State Legislature Considers Bills Reducing the Agency's Power
Pennsylvania's student loan servicing business may be off the auction block for now, but it's not off the hook. ...(7/14/05)
Read the full story. (PDF, 11 kb)
Bills Aim to Limit the Agency's Power
After a hot and heavy courtship witih legislators earlier this year, Sallie Mae appeared to cool off its campaign to take over the state's college loan program. ...(7/1/05)
Read the full story.
Battle of Financial Aid Giants
If you or your kids are planning to borrow money for college, a public relations battle being waged between two student financial aid giants could directly affect your checkbook. ...(6/12/05)
Read the full story. (PDF, 66 kb)
House Republicans Seek Value of PHEAA
After hearing the state's student loan agency has $265 million to hand out to state students over the next four years, state GOP lawmakers want to find out how much money the
agency and its fund-raising foundations are sitting on. ...(6/10/05)
Read the full story. (PDF, 68 kb)
What Took So Long?
As Pennsylvania's students and families are deciding how they will pay for college next year, the Pennsylvania Higher Education Assistance Agency opened up its coffers to increase
its grant program. ...(5/31/05)
Read the full story. (PDF, 63 kb)
For-profit Sallie Mae Wants to Buy Public Agency PHEAA, Which Vehemently Opposes Being Sold
It's the $1 billion question. Maybe more. ...(4/17/05)
Read the full story. (PDF, 66 kb)
Sides Hurling the 'G' word
Greed. It is considered a dirty word in corporate America and has often been used to define the corporate mentality at companies such as Enron, ...(4/17/05)
Read the full story. (PDF, 74 kb)
Rendell Discusses W-B's Call Center at Wilkes
Gov. Ed Rendell made the threat, "If no one asks any questions, I'll have to give my slate speech." ...(4/7/05)
Read the full story. (PDF, 59 kb)
PHEAA's Lesson
Apparently, there is nothing like an external threat to refocus a public agency on what it is supposed to be doing ...(2/23/05)
Read the full story. (PDF, 49 kb)
Mundy Cautions on PHEAA Sale; Sallie Mae Wants to Buy Pennsylvania's Student-Loan Business for $1 Billion
As the state Legislature continues to mull over Sallie Mae's proposed $1 billion takeover of Pennsylvania's student-loan business, one area lawmaker said she needs more
...(2/22/05)
Read the full story. (PDF, 62 kb)
Legislator's Best Move is to Reflect Hard on Buyout
Whatever drove the Pennsylvania Higher Education Assistance Agency to rush to turn down a recent $1 billion buyout offer, we encourage legislators to be more tempered in
reaching their decision. ...(2/20/05)
Read the full story. (PDF, 121 kb)
Sallie Mae Takes Bid for PHEAA to House
A private company's $1 billion offer to take over the state's student-loan business is starting to look less attractive to some state lawmakers.
...(2/18/05)
Read the full story. (PDF, 62 kb)
Student Loan Groups at Odds; Lawmakers Evaluating Sallie Mae's Offer to Buy Out PHEAA
Sallie Mae, the company that's attempting to buy out the Pennsylvania Higher Education Assistance Agency for $1 billion, wooed lawmakers yesterday with claims that
Pennsylvania's college students would be lost ...(2/18/05)
Read the full story. (PDF, 129 kb)
State Should Get an Independent Review of Intriguing Sallie Mae Offer
The board of PHEAA, Pennsylvania's state-run student loan program, appeared this winter to close the door as definitively as it could on a $1 billion partnership bid by
industry giant Sallie Mae. ...(2/17/05)
Read the full story. (PDF, 55 kb)
Sallie Mae Touts Offer for PHEAA; Loan Company’s Representatives Say Purchase of Agency Would be Favorable Across Board
The benefits of the $1 billion offer for the Pennsylvania Higher Education Assistance Agency go beyond the state, students, taxpayers and the shareholders of buyer Sallie Mae,
a spokesman said Tuesday. ...(2/16/05)
Read the full story. (PDF, 78 kb)
Sallie Mae Could Raise Bid for PHEAA
A top executive of Sallie Mae said Monday that the giant student-loan corporation is open to raising its bid to take over the student-loan administration of the Pennsylvania Higher
Education Assistance Agency. ...(2/15/05)
Read the full story. (PDF, 52 kb)
Sallie Mae in Buyout Brouhaha; At Issue is the Organization's Attempt to Buy a State Student Loan Provider
A top executive of Sallie Mae said Monday that the giant student-loan corporation is open to raising its bid to take over the student-loan administration of the Pennsylvania Higher
Education Assistance Agency. ...(2/15/05)
Read the full story. (PDF, 126 kb)
Pennsylvanians for Effective Government Newsletter: "Ride Sallie Mae ride"
It's estimated that during the American Revolution those leading the effort to forge a new nation never enjoyed the popular support ...(1/28/05)
Read the full story. (PDF, 34 kb)
Sallie Mae Still Presses PHEAA bid
Student loan giant Sallie Mae is taking its case directly to Harrisburg lawmakers for the corporation's $1 billion bid to take over the state's student loan agency ...(1/25/05)
Read the full story. (PDF, 64 kb)
Sallie Mae: Takeover Could Bring Local Jobs
Regardless of whether or not a proposed takeover of the Pennsylvania Higher Education Assistance Agency by student loan giant Sallie Mae makes sense for student loan
holders ...(1/26/05)
Read the full story. (PDF, 120 kb)
To view these articles, you will need 
Acrobat Reader, available free from Adobe.