We currently do not foresee the initiative having a significant impact on our FFELP Loans segment.

FORBES: Sallie Mae Not Opposed To Bankruptcy Relief For Student Loans

The program that generated most of its portfolio, FFELP, is not guaranteeing any new loans.

FORBES: Sallie Mae Not Opposed To Bankruptcy Relief For Student Loans

On March 28, Miller sent a letter to the five largest lenders under FFELP--Sallie Mae, Citibank affiliate the Student Loan Corp.

FORBES: Magazine Article

Sallie Mae expects to be making money off that portfolio for the next twenty years, though, and is buying portfolios of other institutions that hold FFELP loans.

FORBES: Sallie Mae Not Opposed To Bankruptcy Relief For Student Loans