Company description

SLM Corporation, also known as Sallie Mae, is a publicly traded company with the ticker symbol SLM. The company was founded in 1972 and is headquartered in Newark, Delaware. Originally created as a government-sponsored entity, SLM now operates as a private company that offers specialized financial services for individuals and institutions. Sallie Mae is primarily known for its student loan business, providing loans, and payment plans to help students finance their education. However, the company also offers private education loans, insurance products, and credit cards. In addition to its financial services, SLM also provides tools and resources to help students and families plan and save for college. With a strong focus on innovation and customer service, Sallie Mae has become a leading provider of education loan products, serving millions of customers across the United States. Its commitment to responsible lending and its dedication to making higher education more accessible has solidified Sallie Mae as a trusted and reputable company in the financial services industry.