Sallie Mae buyout

Sallie Mae agrees to $25B takeover

I found this really troublesome. It says that we won't see changes in how the loans are handled or paid, but how do we know that will stay true? If you're a shareholder in Sallie Mae, I would vote against this deal. It's not about the money, it's about keeping institutions like this out of the hands of private sector people that only care about the money. Which is more important, after all? Are we only out to make a buck, or do we actually care about how much debt we are putting on our kids?

Disclaimer, I am paying off a student loan to Sallie Mae, so I have a personal stake in this. Do I own Sallie Mae stock? No. I can't own everything.