Sallie Mae
There is probably no bigger name in the student loan industry than Sallie Mae. Originally known as the Student Loan Marketing Association, Sallie Mae oversees more than $180 billion of debt from over 10 million borrowers. It is the largest student loan provider in the country, and as such, has weathered numerous controversies (ranging from questioning its power as both a lender and a collector and allegedly engaging in deceptive lending practices, the latter case leading Sallie Mae to donate $2 million to a fund that educates potential college students about their student loan options). Nonetheless, Sallie Mae remains the first stop for millions of students and their families as they embark on the process of financing college. In March 2014, the company announced that its customers were more successful in repaying their loans compared to national data provided by the Department of Education. At Sallie Mae, we’re proud to have helped more than 30 million Americans save, plan, and pay for the education that can offer them that key. It’s a responsibility that we do not take lightly. In our 40 years we have developed responsible education loans and innovative programs to help families start saving for college.
For those who need help paying for college, we encourage responsible borrowing. Use grants and scholarships as well as savings and income before taking out loans to pay for college. If families need to borrow, we recommend they explore federal student loans and then consider a responsible private education loan to fill the gap. hn As a company, we uphold strict standards of corporate governance and believe that transparency and ethical conduct best serve our customers and investors. Above all, we are committed to helping turn our customers’ dreams of education into reality. Sallie Mae is the nation's saving, planning, and paying for college company. Our mission is to help American students and families make the dream of higher education a reality. More than 40 years of innovation and change have helped us make a college education possible for millions of families across America. Four high school students from across the country traveled to Newark, Del., as finalists for a new scholarship from Sallie Mae, the nation’s saving, planning, and paying for college company; each student ended up walking away with $25,000 as recipients of the company’s inaugural.
There is probably no bigger name in the student loan industry than Sallie Mae. Originally known as the Student Loan Marketing Association, Sallie Mae oversees more than $180 billion of debt from over 10 million borrowers. It is the largest student loan provider in the country, and as such, has weathered numerous controversies (ranging from questioning its power as both a lender and a collector and allegedly engaging in deceptive lending practices, the latter case leading Sallie Mae to donate $2 million to a fund that educates potential college students about their student loan options). Nonetheless, Sallie Mae remains the first stop for millions of students and their families as they embark on the process of financing college. In March 2014, the company announced that its customers were more successful in repaying their loans compared to national data provided by the Department of Education. At Sallie Mae, we’re proud to have helped more than 30 million Americans save, plan, and pay for the education that can offer them that key. It’s a responsibility that we do not take lightly. In our 40 years we have developed responsible education loans and innovative programs to help families start saving for college.
For those who need help paying for college, we encourage responsible borrowing. Use grants and scholarships as well as savings and income before taking out loans to pay for college. If families need to borrow, we recommend they explore federal student loans and then consider a responsible private education loan to fill the gap. hn As a company, we uphold strict standards of corporate governance and believe that transparency and ethical conduct best serve our customers and investors. Above all, we are committed to helping turn our customers’ dreams of education into reality. Sallie Mae is the nation's saving, planning, and paying for college company. Our mission is to help American students and families make the dream of higher education a reality. More than 40 years of innovation and change have helped us make a college education possible for millions of families across America. Four high school students from across the country traveled to Newark, Del., as finalists for a new scholarship from Sallie Mae, the nation’s saving, planning, and paying for college company; each student ended up walking away with $25,000 as recipients of the company’s inaugural.