I owe 18k to Sallie Mae via a federal loan. (see my first post for more details). And I take responsibility for this loan and am paying it back. Unlike some people. . . cough cough Alan Collings cough. I can't resist a little fun, so I've set up a Sallie Mae Death Watch. Their stock has been plummeting in recent months and is now trading under $10.00 from a high of around $60.00.
I know I will still owe the money even if Sallie Mae goes bankrupt or is sold (unlikely as I imagine it will swiftly be nationalized.)
I'll just be leaving that on the side of the blog.
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