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Student loans drive Salle Mae profits up 144%

Sallie Mae says it originated $3.2 billion in student loans last quarter, helping push profits sharply higher.

The Reston-based company had second quarter net income of $724 million, or $1.61 per share, compared to $297 million, or 66 cents per share a year ago. Almost all of the gains came from money it makes on student loans.

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ProfNet Wire: Business & Technology: Personality

**1. BENJAMIN DATTNER, Ph.D., is a founding principal of DATTNER CONSULTING LLC: "Personality testing is an increasingly popular method of evaluating job candidates. Personality testing of job candidates is growing at roughly 15 percent per year, but many organizations use these tests in an improper manner that doesn't predict job performance and may even create legal problems in terms of discrimination and invasion of privacy." Dattner is available to discuss how organizations use, and misuse, personality tests. He was recently featured on June 19 on the "Brian Lehrer Show" on WNYC Radio in New York City. Dattner: ben@dattnerconsulting.com Phone: +1-212-501-8945 To listen to the program: http://www.wnyc.org/stream/ram?file=/bl/bl061906c.mp3 (6/26/06)

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