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Senator Warren Questions Treasury and ED on Accountability for Sallie Mae Rulebreaking and Violations

WASHINGTON, DC –(ENEWSPF)–December 12, 2013.  United States Senator Elizabeth Warren today (9/19) sent a letter to Treasury Secretary Jacob Lew and Education Secretary Arne Duncan questioning their departments’ ongoing relationship with Sallie Mae despite Sallie Mae’s pattern of breaking the rules and ignoring its contractual obligations.

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“While the government has been quite tolerant of Sallie Mae’s failings and helped Sallie Mae maintain its profitability, it is not nearly as generous when it comes to student…

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