Moody's may cut Sallie Mae

Moody's Investors Service said it placed SLM Corp.'s (Sallie Mae) Ba1 senior unsecured long-term ratings on review for possible downgrade.

According to Moody's, the potential downgrade reflects the agency's continued concerns regarding Sallie Mae's earnings and cash flow generation. Additionally, the company faces significant uncertainties related to the political and consumer lending environment for student lenders.

However, Moody's noted that Sallie Mae remains a significant force in the education lending and servicing business.

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