http://blog.studentloannetwork.com/consolidation/jargon-glossary/ Student Loan Blog: News, Updates and Advice Sun, 14 Mar 2010 22:09:33 +0000 http://wordpress.org/?v=abc hourly 1 http://blog.studentloannetwork.com/consolidation/jargon-glossary/comment-page-1/#comment-10047 Christopher Penn, Financial Aid Podcast Sat, 10 Feb 2007 02:53:29 +0000 http://www.studentloanconsolidator.com/student-loan-consolidation-blog/2007/02/09/jargon-glossary/#comment-10047 George Bernard Shaw once said, "Every profession is a conspiracy against the laiety." If you've ever wondered why there are so many abbreviations in technical terms at the Student Loan Network, a significant portion of that is my fault. When I worked at a credit union data processor, nearly everything was abbreviated, not for convenience, but because the old Unisys mainframe had a limit on the number of characters in certain fields. The Raytheon Credit Union would be abbreviated RTNCU. Unified Federal Credit Union was UNICU. After being there for a couple of years, it was second nature to abbreviate almost everything, and that carried over into our work at the Student Loan Network. George Bernard Shaw once said, “Every profession is a conspiracy against the laiety.” If you’ve ever wondered why there are so many abbreviations in technical terms at the Student Loan Network, a significant portion of that is my fault. When I worked at a credit union data processor, nearly everything was abbreviated, not for convenience, but because the old Unisys mainframe had a limit on the number of characters in certain fields. The Raytheon Credit Union would be abbreviated RTNCU. Unified Federal Credit Union was UNICU. After being there for a couple of years, it was second nature to abbreviate almost everything, and that carried over into our work at the Student Loan Network.

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