Wow, just wow

Sallie Mae “Off Point Excuses”

First of all, they are spelled "maneuver" and "company".

Second, you are clearly uniformed on the federally guaranteed student loan program. The government sets maximum interest rates that can be charged (currently 6.8% on Stafford loans, goes to 6.0% on 7/1/08). As such, there is no "manoeuvring" to be done as you cannot charge more on the loans. Every lender in this program was feeling the squeeze, not just Sallie Mae. Sallie should be commended for continuing its mission and providing access to students while others were walking away from them.

You are yet another uninformed dolt with access to the Internet. Thousands have just become dumber by reading your article. Congratulations!