May 14, 2007

Selling EdFund

As part of his May revision, the governor proposes to sell EdFund, the public-private operation that guarantees and services (but does not originate) college student loans. He thinks the state can net a billion dollars or so on the sale. One possible suitor might be Sallie Mae, the nation's largest student lender. Here is a story from 2004 when Sallie Mae proposed something similar in Pennsylvania. That deal never went through.

Posted by dweintraub on May 14, 2007 2:24 PM