SLM Corporation, commonly known as Sallie Mae, is a leading provider of education loans and related financial services in the United States
The company specializes in offering a range of products aimed at helping students and their families finance higher education, including private student loans, loan refinancing, and educational savings plans. Beyond lending, Sallie Mae also provides resources and tools designed to assist borrowers in managing their student debt. Through its extensive portfolio, the company plays a significant role in facilitating access to education funding, aiming to empower individuals to achieve their academic and career goals.
Wall Street raised SLM's price targets after Q4 earnings release. EPS missed, but fiscal 2025 outlook higher than estimates. Analysts maintain ratings.
The Biden administration on Monday announced more federal student loan forgiveness, bringing the administration's total student loan forgiveness to $183.6 billion for more than 5 million borrowers.
The Biden administration withdrew two major student loan forgiveness plans on Friday, just weeks before President-elect Donald Trump is set to enter the Oval Office. Here's a look at what it means for borrowers and student loan service providers.
Sallie Mae stock is trading higher on Wednesday. Bank of America initiated coverage of the student loan provider with a Buy rating and set a price target of $27.
Millions of Americans may see credit rating drops as Biden's moratorium on reporting late student loan payments ends, affecting loan approvals and rentals.
U.S. District Judge J. Randal Hall on Thursday temporarily blocked the Biden administration's latest student debt relief plan in a lawsuit brought by seven Republican-led states.
A federal appeals court has blocked President Joe Biden's administration from implementing its Saving on a Valuable Education (SAVE) student debt relief plan. Here's a look at what you need to know:
