SM1:FRA
SLM Corp
ā¬19.90
0.00%
(0.00) 1D
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Morningstar
·
22 ąøąø²ąøąøµąøąøµą¹ąøą¹ąø²ąøąø”ąø²
Scholly and Path Founder Files Whistleblower Lawsuit Against Sallie Mae, Alleging the Company Is Using a Shell Company to Sell Millions of Students' Data
Yahoo Finance
·
1 ąøąø±ą¹ąø§ą¹ąø”ąøąøąøµą¹ąøą¹ąø²ąøąø”ąø²
Scholly Founder Chris Gray Sues Acquirer Sallie Mae
Business Wire
·
1 ąø§ąø±ąøąøąøµą¹ąøą¹ąø²ąøąø”ąø²
Sallie Mae Announces Senior Leadership Appointments
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SLM Corporation is a publicly traded U.S. corporation that provides consumer banking. Its nature has changed dramatically since it was set up in the early 1970s; initially a government entity that serviced federal education loans, it then became private and began offering private student loans.
The company's primary business is creating, servicing, and collecting private education loans. The company also provides online tools and resources for college planning. Sallie Mae previously originated federally guaranteed student loans under the Federal Family Education Loan Program and worked as a servicer and collector of federal student loans on behalf of the Department of Education. The company now offers private education loans and manages more than $12.97 billion in assets.
On April 30, 2014, Sallie Mae spun off its loan servicing operation and most of its loan portfolio into a separate, publicly traded entity called Navient Corporation. Navient is the largest servicer of federal student loans and acts as a collector on behalf of the Department of Education. Wikipedia
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