Collecting on overdue student loans has become a growth industry. It's nasty work, but someone has to do it.
Helping those who do it to do it with gusto: Margaret Spellings, the anointed candidate chosen by John Fennebresque et al. to take over the University of North Carolina system.
CENNATE Corp. specializes in collecting student loans. Growth industry? Why, yes. CENNATE Corp. recently expanded its workplace to 74,000 feet and doubled its workforce in suburban Illinois.
CENNATE Corp. also even more recently named Margaret Spellings as chair of its new Board of Advisors.
So those of you inclined to pooh-pooh her higher education credentials can just cut it out. She signed on in March to help extract blood from those overripe college student tomatoes.
[Hattip to Greg Flynn who alerted us to the CENNATE connection]