The Student Loan Corporation · Stamford, CT United States ·(NYSE: STU)
Company Description
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If you're willing to part with both an arm and a leg, you may be able to afford a college education on your own. If not, there's always The Student Loan Corporation. One of the top education lenders in the US, the company offers student loans primarily under the Federal Family Education Loan (FFEL) program, which is authorized by the US Department of Education . Most of these loans are originated through financial services giant Citigroup , which owns 80% of The Student Loan Corporation. Through its CitiAssist program, the company also offers private education loans to students who either do not qualify for government student loan programs or seek additional financial aid beyond the amount provided under FFEL. To read the full description, subscribe now.
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Key The Student Loan Corporation Financials
| Company Type | Public - NYSE: STU Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $436.3 |
| 2008 Employees | 355 |
The Student Loan Corporation Executives
18 executives listed for The Student Loan Corporation's Stamford, CT location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Michael Reardon | Network |
| CFO | Scot Parnell | Network |
| Controller and Chief Accounting Officer | Joseph Guage | Network |
Competition
Competitive Landscape for The Student Loan Corporation
Demand is driven by consumer income and demographics. The profitability of individual companies depends on the correct assessment of repayment likelihood and effective collections activities. Large companies have an advantage in the ability to manage large portfolios of mortgage, auto, and credit card loans through sophisticated computer risk modeling. Small companies can compete effectively in the cash lending or sales finance segments, where a local or neighborhood presence is highly effective. The industry is capital-intensive; annual revenue per worker is about $430,000. To read the full description, subscribe now.Top The Student Loan Corporation Competitors
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