Yahoo! News Search Results for Sallie Mae

• Investors to Buy IndyMac for $13.9 Billion (New York Times)

  (Mon, 05 Jan 2009 11:57:57 GMT)

  A seven-member group of investors has formed to buy the remnants of a failed lender, IndyMac Bank , for $13.9 billion, federal regulators confirmed Friday.

• Boggs & Partners Architects Selected To Design NSHOF Hall of Fame Building (Art Daily)

  (Tue, 06 Jan 2009 04:43:37 GMT)

  The facility is and will be a highly interactive educational tool for the city. ANNAPOLIS, MD.- The National Sailing Hall of Fame & Sailing Center announced that Boggs & Partners Architect has been selected to design the National Sailing Hall of Fame & Sailing Center to be built at the foot of Prince George Street on Annapolis City Dock. The selection was made after reviewing proposals from 26 ...

• Billionaires to buy IndyMac bank (News 24 South Africa)

  (Mon, 05 Jan 2009 06:58:12 GMT)

  A seven-member investor group including billionaire George Soros and Dell founder Michael Dell have agreed to purchase failed lender IndyMac Bank for $13.9bn.

Corporate greed seems to be the driving force behind many companies, and Sallie Mae is no exception. Sallie Mae was once about helping students that asked for it, but these days students asking for it when they ask Sallie Mae for help. A web search for "Sallie Mae sucks" will yield hundreds, if not thousands, of articles by people who have been screwed by Sallie Mae. Sallie Mae's treatment of borrowers is nothing short of dispicable and unjust.

CWN ALERT Sallie Mae Misrepresenting Status of Student Loan 

This site was created to provide a public forum for everyone who had both good and bad experiences with Sallie Mae or any other student lender. Please join the forum and share your story with the world. We need to educate future borrowers so they can be prepared. They will be better off knowing ahead of time what we learned too late!

Allow me to make one thing clear. This site is not for people who chose not to make their payments. Choosing not to pay a debt is one's own fault. Sallie Mae, like many companies, makes mistakes. I don't fault them for that. What matters is how they resolve the problems. They did a terrible job resolving the mistakes they made with my account, and I found out that I was far from being the only person suffering because of THEIR mistakes. I also found that they allegedly prey on borrowers, trapping people into paying 2 to 3 times (sometimes significantly more) what they borrowed. There is simply no excuse for it.

Turae on Student Loans

The following is an excerpt from StudentLoanJustice.ORG. Please be sure to visit StudentLoanJustice.ORG, as there is a wealth of great information that reinforces the claims of those negatively affected by the scummy practices of Sallie Mae.

Student loans have become the most profitable, uncompetitive, oppressive, and predatory type of debt of any in the nation. This has occurred due to legislation that was largely paid for by the the lobbying machine of Sallie Mae, the largest student loan company in America. Vast personal fortunes are being made by both Sallie Mae executives, and others who paid for this legislation, at the expense of decent citizens who were not able to capitalize on their education. This has effectively crippled MILLIONS of decent citizens who want to repay their original debt, but are prevented from doing so by staggeringly higher amounts being demanded from them by both "non-profit", and for-profit student loan companies. This has truly created a swath of economic destruction across our land.

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