canada student loan
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Student loan default high
Keeping up with student-loan payments is not a priority for about one-quarter of the students who borrow from the federal government to fund their education.
About $2.6 billion in federal student loans is currently in default, said Heather Hamilton, spokeswoman for the Canada Student Loans program.
The default rate was just over 25% for 2004-05, she added.
That doesnt necessarily mean (the students) have walked away from it, it means theyre late, said Hamilton.
A loan that is 270 days past due is in default. .
More canada student loan info
SLM Corporation to Announce 2006 Second-Quarter Earnings on July ...
RESTON, Va., July 3 /PRNewswire-FirstCall/ -- SLM Corporation (NYSE: SLM - News), commonly known as Sallie Mae, today announced that it will release 2006 second-quarter earnings prior to the opening of U.S. stock markets on Thursday, July 20, 2006. Sallie Mae management will hold a conference call for shareholders and analysts on that day at noon EDT. To participate in the call, please dial (877) 356-5689 (USA and Canada) or dial (706) 679-0623 (International) and use access code 2203336 starting at 11:45 a.m. EDT.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030617/SLMLOGO-a )
The conference call will be replayed continuously beginning Thursday, July 20, at 3:30 p.m. EDT and concluding at 11:59 p.m. EDT on Thursday, August 3. Please dial (800) 642-1687 (USA and Canada) or dial (706) 645-9291 (International) and use access code 2203336.