Monday, February 8, 2010

More on Sallie Mae's lobbying


In a post last December, I described how Sallie Mae has been one of the leaders in spending money to lobby Congress and the administration on student loan issues.  A report in last Friday's New York Times describes how Sallie Mae's lobbying expenses increased even further in 2009, to $8 million, more than double the amount it spent in 2008.  Seems like Sallie Mae isn't yet ready to give up the fight against the Obama administration's attempt to eliminate the FFEL program.

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