Contra Costa Times, June 6, by Matt Krupnick
http://www.contracostatimes.com/search/ci_9504652?IADID=Search-www.contracostatimes.com-www.contracostatimes.com
Sallie Mae sent borrowers’ passwords by e-mail, a practice few lenders use, said Jennifer Lynch, an attorney who oversaw the student-led project…. “Sallie Mae’s practices just seemed antiquated, to say the least, and very risky,” she said. “They should have known this was a risky practice.”
“They sent this information to their customers … and people have been discussing it on blogs,” [student Kathleen] Lu said.