SLM Corporation · Reston, VA United States ·(NYSE: SLM)
Company Description
- #347 in FT Global 500
- #331 in FORTUNE 500
- S&P 500
Those who graduated magna cum payments may not be familiar with SLM, but they probably know its more common moniker, Sallie Mae. The company, which manages some 10 million student loans, is the US's largest source of funding and servicing for education loans. Formerly primarily a wholesale acquirer, SLM now originates more than half its loans. SLM also has debt-management operations for student loans, mortgages, and other receivables. From inception, the company borrowed money at near-government rates to purchase government-guaranteed loans, but in the 1990s Congress took away SLM's funding edge, making privatization attractive. To read the full description, subscribe now.
Key SLM Corporation Financials
| Company Type | Public - NYSE: SLM Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $1,784.0 |
| 2008 Employees | 8,000 |
SLM Corporation Executives
| Title | Name & Bio | Contact |
| Chairman | Anthony Terracciano | Network |
| Vice Chairman and CEO | Albert Lord | Network |
| Vice Chairman and CFO | John Remondi | Network |
