WASHINGTON -- The Student Loan Marketing Association reported a 2% increase in net income, to $108.7 million, for the second quarter.

The figure was down 3% from the $112.5 million earned in this year's first quarter.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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