Sallie Mae - Student Loan Marketing Association

What Does Sallie Mae - Student Loan Marketing Association Mean?
A publicly traded company that is the largest provider of educational loans in the U.S. Along with providing student loans, Sallie Mae purchases student loans from the original lenders and provides financing to state student-loan agencies.

Investopedia explains Sallie Mae - Student Loan Marketing Association
Sallie Mae was originally formed in 1972 as a government enterprise but as of 2004 is a completely independent publicly traded company. Sallie Mae is traded on the NYSE with the ticker symbol SLM.

Related Terms

Fannie Mae - Federal National Mortgage Association - FNMA
Freddie Mac - Federal Home Loan Mortgage Corp - FHLMC
Ginnie Mae - Government National Mortgage Association - GNMA
Government-Sponsored Enterprise - GSE
New York Stock Exchange - NYSE
Pass-Through Rate
Tuition Insurance
More Related Terms

Related Links

Sallie Mae - Sallie Mae's company website.
Should Parents Pay For College? - When federal student loan resources are exhausted, parents and students face tough decisions on how to pay.
Investing In Your Child's Education - Overwhelmed by increasing tuition costs for your kids? The U.S. government can help.
Don't Forget The Kids: Save For Their Education And Retirement - Retirement and education financing are the two most important planning items for taxpayers.
529 Plan Tutorial - This comprehensive guide goes through what a 529 plan is and how to set one up, contribute to it and withdraw from it.

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