Lincoln Educational says Sallie Mae terminates loan program

mercoledì 23 gennaio 2008 22:49

Jan 23 (Reuters) - Lincoln Educational Services Corp (LINC.O: Quotazione) said it received a termination letter for its tiered discount loan program provided by Sallie Mae SLM.N, effective Feb. 18.

Sallie Mae's decision to terminate its loan program will have a minimal impact on the company, it said in a statement. (Reporting by Neetha Mahadevan in Bangalore; Editing by Deepak Kannan)