After Obama’s election, the industry have a flashback to 1993 and begun to mobilize to prevent the firing of its subsidy. With Democrats in electricity, personal lenders considered similar for assist.

After Obama’s election, the industry have a flashback to 1993 and begun to mobilize to prevent the firing of its subsidy. With Democrats in electricity, personal lenders considered similar for assist. The Hill reports that Sallie Mae’s $3.48 million rearguard lobbying...