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Sallie Mae Pleads For Changes In Student Loan Overhaul Bill

Last updated on Monday, November 16, 2009

(UNDATED) - Sallie Mae Executives make another visit to Washington on Thursday to plead for changes in a bill to overhaul student loans.

The house has already passed president Obama's bill to put the government in charge of student loans, in hopes of making those loans cheaper for students.

Sallie Mae, the nation's largest student loan company, has hundreds of employees at processing centers in Fishers and Muncie.

It warns the change could blow a hole in its business.

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