NEW YORK -- The Student Loan Marketing Association is serious about pursuing a charter change that would remove it from the embrace of governments, but analysts say any early transformation would face roadblocks.

Both houses of Congress have proposals that would include a six-month feasibility study on how Sallie Mae could switch charter. A spokeswoman said the agency would be ready to move if given the green light.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.