Student Loan Marketing Assn.: Sallie Mae, which...
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From Times Staff and Wire Reports
Student Loan Marketing Assn.: Sallie Mae, which buys insured student loans and provides other services to financial and educational institutions, reported an 18% jump in third-quarter profit to $77.9 million. Assets were up 19% to $33.8 billion. Continued strong demand for student loans boosted results.
