Entries in Bank of America (1)

With billions at stake in Sallie Mae Buyout, SEIU, Students to Push J.C. Flowers, Big Banks to Support Student Loan Rate Cut

Coming just as Congress passed a new bill to cut nearly $19 billion from lender subsidies to pay for increased aid to college students, a new campaign will kick off Monday to bring the voices and stories of middle class and low-income families hard hit by soaring education costs and high interest rates to Congress and the private equity suitors of Sallie Mae (NYSE: SLM), J.C. Flowers, Bank of America, and J.P. Morgan Chase.

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