Sallie Mae

College debt source

Sallie Mae is the common name for the Student Loan Marketing Association, a company that originates and services student loans in the United States.

Originally a government-sponsored enterprise created in 1972, it became fully private in 2004.

The name often appears in discussions of student debt: I'm still paying off my Sallie Mae loans.

Related

college graduate · money · borrowing · tuition · repayment · payment plan · school · forbearance · student loans · student debt · private lender · loan default · consolidation · credit score · financial aid · federal aid · monthly payments · wage garnishment

Opposites
funding source/repayment obligation

Sallie Maescholarship

Educational funding or erudition

grant · Pell Grant · fellowship · merit scholarship · free tuition

lending sector

Sallie MaeDepartment of Education

Federal agency governing schools

student financial outcome

Sallie Maeloan forgiveness

Cancellation of owed amounts

debt cancellation · student debt relief · bankruptcy protection

Family

Mae, May, Sallie

Familiarity
Top 500,000
Profile
Mostly American · Concrete · Negative · Rated G