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Sallie Mae (Student Loan Marketing Association)

What is 'Sallie Mae - Student Loan Marketing Association'

Sallie Mae is a publicly traded company that is the largest provider of education loans in the United States, as of 2016. Along with providing student loans, Sallie Mae purchases student loans from original lenders and provides financing to state-based student-loan agencies.

Explaining 'Sallie Mae - Student Loan Marketing Association'

Sallie Mae is formally known as SLM Corporation, which stands for the Student Loan Marketing Association. The structure and operations of Sallie Mae have drastically changed since its founding. It began as a government entity providing federal education loans to students, and originating federally guaranteed student loans under the Federal Family Education Loan Program (FFELP). It acted as both a servicer and collector of federal student loans on behalf of the Department of Education. In time, Sallie Mae went private, beginning the privatization process in 1994 and becoming fully privatized in 2004.


Further Reading


The economics of Sallie Mae
jsf.pm-research.com [PDF]
… Follow IIJ on Twitter. Article. The Economics of Sallie Mae. Tom Arnold, Bonnie G. Buchanan and J. Fiona Robertson. The Journal of Structured Finance Summer 2012, 18 (2) 65-76; DOI: https://doi.org/10.3905/jsf.2012.18.2.065 …

Privatizing federal credit programs: why Sallie Mae?Privatizing federal credit programs: why Sallie Mae?
onlinelibrary.wiley.com [PDF]
… Follow IIJ on Twitter. Article. The Economics of Sallie Mae. Tom Arnold, Bonnie G. Buchanan and J. Fiona Robertson. The Journal of Structured Finance Summer 2012, 18 (2) 65-76; DOI: https://doi.org/10.3905/jsf.2012.18.2.065 …

Implications of the privatization of sallie maeImplications of the privatization of sallie mae
search.proquest.com [PDF]
… Follow IIJ on Twitter. Article. The Economics of Sallie Mae. Tom Arnold, Bonnie G. Buchanan and J. Fiona Robertson. The Journal of Structured Finance Summer 2012, 18 (2) 65-76; DOI: https://doi.org/10.3905/jsf.2012.18.2.065 …

Privatizing a Government Sponsored Enterprise: Lessons from the Sallie Mae ExperiencePrivatizing a Government Sponsored Enterprise: Lessons from the Sallie Mae Experience
papers.ssrn.com [PDF]
… Follow IIJ on Twitter. Article. The Economics of Sallie Mae. Tom Arnold, Bonnie G. Buchanan and J. Fiona Robertson. The Journal of Structured Finance Summer 2012, 18 (2) 65-76; DOI: https://doi.org/10.3905/jsf.2012.18.2.065 …

The student loan crisis and the future of higher educationThe student loan crisis and the future of higher education
www.pdcnet.org [PDF]
… Follow IIJ on Twitter. Article. The Economics of Sallie Mae. Tom Arnold, Bonnie G. Buchanan and J. Fiona Robertson. The Journal of Structured Finance Summer 2012, 18 (2) 65-76; DOI: https://doi.org/10.3905/jsf.2012.18.2.065 …

Reducing Government Involvement in a Market: Lessons from the Privatization of Sallie MaeReducing Government Involvement in a Market: Lessons from the Privatization of Sallie Mae
onlinelibrary.wiley.com [PDF]
… Follow IIJ on Twitter. Article. The Economics of Sallie Mae. Tom Arnold, Bonnie G. Buchanan and J. Fiona Robertson. The Journal of Structured Finance Summer 2012, 18 (2) 65-76; DOI: https://doi.org/10.3905/jsf.2012.18.2.065 …


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