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Sallie Mae CEO Doesn't See Loan Bubble

Sallie Mae CEO Doesn't See Loan Bubble
April 20, 2012

Albert Lord, the CEO of Sallie Mae, told industry analysts Thursday that he does not believe reports suggesting a bubble ahead for student loans, Bloomberg reported. "We don’t see anything of any evidence close to a bubble," Lord said. "This country underwent a significant financial crisis in our very recent past. It’s not really a surprise that many see bubbles around every corner." Sallie Mae expects to originate $3.2 billion in education loans this year.

 

 

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