BRIEF-Student Loan Corp cuts jobs

Date : 12/05/2008 @ 9:21AM
Source : ****
Stock : Student Loan Corporation (STU)
Quote : 36.67  -0.55 (-1.48%) @ 7:58PM
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BRIEF-Student Loan Corp cuts jobs

Dec 5 (Reuters) - Student Loan Corp:

* The Student Loan Corporation streamlines business operations to sustain

market leadership

* Says total of 91 positions will be affected

* Says job cut including 69 positions at slc and 22 positions at citibank

(south dakota) na that directly support slc

* Cites higher funding costs resulting from continued disruption in the

capital

markets

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