https://www.highereducationinquirer.org/2024/09/cal-tech-simplilearn-blackstone-scandal.html
2U Collapse Puts Sallie Mae and SLABS Back on the Radar
The collapse of 2U and its subsidiary edX has put Sallie Mae (SLM) on the radar. Many of those elite brand certificate programs (under the name Harvard, MIT, Cal Berkeley) were propped up by Sallie Mae private student loans. When the adult... — read more
"Moody's Ratings affirms SLM Corporation's ratings (Ba1 senior unsecured); changes outlook to negative from stable"
"The outlooks on SLM's long-term issuer and senior unsecured debt ratings were revised to negative from stable reflecting high double leverage at the parent... — read more
SLM partner 2U-edX is bankrupt.
How many SLM Loans were made from this edugrift? https://www.highereducationinquirer.org/2024/08/2u-suspended-from-nasdaq.html
Less than half of all 4-year colleges are stable financially
https://www.ey.com/en_us/insights/education/strategy-consulting-higher-ed-financial-risk-as-funds-expire
The Student Loan Mess: Next Chapters?
SLM, stands for sl--e. Time to short... https://www.highereducationinquirer.org/2024/02/the-student-loan-mess-next-chapters.html
Your partner 2U
Looks like 2U (parent company of edX) is in bad shape.
CFO retires in a year
https://seekingalpha.com/news/3944182-slm-announces-retention-deal-with-cfo-steven-mcgarry
People's Rally for Student Debt Cancellation to be held outside Supreme Court, February 28, 2023
https://www.highereducationinquirer.org/2023/02/peoples-rally-for-student-debt.html
"SLM cut to Equal Weight at Wells Fargo on persistent credit issues"
Wells Fargo cut its rating on SLM (NASDAQ:SLM) to Equal Weight from Overweight, citing persistent credit issues that have "damaged" the management's credibility. "We do not see visible catalysts to move the shares higher, and we think it will take... — read more
Should we worry about layoffs?
With results as bad as they are, I'm thinking we're about to pay the price.
Not good...
Sallie Mae Q4 GAAP EPS of $0.33 misses by $0.14 https://seekingalpha.com/news/3930877-sallie-mae-q4-gaap-eps-of-033-misses-by-014
New COO
Sallie Mae has named KP as COO and President of Sallie Mae Bank. KP is a member of the company's leadership team, most recently serving as Chief Risk Officer (CRO). KP's previous service as the company’s CRO is expected to further strengthen credit... — read more
Sallie Mae Reports Third-Quarter 2022 Financial Results
https://seekingalpha.com/pr/18992880-sallie-mae-reports-third-quarter-2022-financial-results
White supremacist against student loan forgiveness...
Isn't this special? https://www.msn.com/en-us/news/us/biden-s-student-loan-debt-forgiveness-plan-hit-with-lawsuit-over-racial-motive/ar-AA12BpDx?ocid=msedgntp&cvid=c0cedf0a7232428f93475e8dcfafeb01
Putting families in debt for K-12 private school?
SLM lends money to families for K-12 tuition? How does that work?
"Sallie Mae stock slumps 13% as FY22 outlook seen below estimates"
https://seekingalpha.com/news/3862493-sallie-mae-stock-slumps-13-as-fy22-eps-seen-below-estimates
Sallie Mae and College Meltdown 2.0
"Student loan servicers and private student loan companies (Navient, Sallie Mae, Nelnet), publishers and other edtech enterprises (Chegg, Barnes & Noble Education, Coursera, and Guild Education) are implicated or at least entangled in the mess. ... — read more
Sallie Mizzle
https://www.youtube.com/watch?v=_WHXc7FTkPQ&feature=emb_logo https://www.highereducationinquirer.org/2019/07/music-videos-of-college-meltdown.html
What Sallie Mae can learn from the collapse of University of Phoenix
https://www.highereducationinquirer.org/2022/01/how-university-of-phoenix-failed-its.html
"Student Debt From Private Lenders Hits All-Time High"
#collegemania #collegemeltdown #studentloandea_h "Current students and graduates in repayment held an estimated $136.3 billion in private student loans as of March, a 47 percent increase from $92.6 billion in March 2014. And the private debt market... — read more
Fox News shilling for SLM
"About 1 in 8 families used private student loans when federal financing couldn't cover the full cost of college, according to a new report from Sallie Mae. The report adds that private loans can 'bridge the gap' for college financing when borrowed... — read more
Dischargeable student loan debt and SLABS
Student loans dischargeable? What does this have to do with SLAB schemes? https://www.thelayoff.com/t/1bRx8TVm
Using a predatory lead generator to find more student lenders?
https://www.unigo.com/loanfinder https://www.estudentloan.com/loanfinder
A Letter to the US Department of Education and Student Loan Servicers on Behalf of Student X
http://collegemeltdown.blogspot.com/2020/11/a-letter-to-us-department-of-education.html
"The Looming Student Loan Servicing Crisis"
https://www.americanprogress.org/issues/education-postsecondary/news/2020/10/13/491260/looming-student-loan-servicing-crisis/
"Edugrift": Observations of Subprime College Lead Generator
https://collegemeltdown.blogspot.com/2020/10/observations-of-subprime-lead-generator.html
Student loan revenues down
https://tcf.org/content/commentary/student-loans-plummeted-summer-term/?agreed=1&session=1
CYA Charity
After getting bailed out by the FED, and with student debtors getting no relief, Sallie Mae is donating $1 million to food banks in Delaware, Indiana, Massachusetts, Utah, and... — read more
FED SLAB Bailout (TALF 2)
https://www.federalreserve.gov/newsevents/pressreleases/files/monetary20200323b3.pdf
SLM shares tanking...
https://collegemeltdown.blogspot.com/2020/03/coronavirus-and-college-meltdown.html
Sallie Mae presentation at ABS conference in Las Vegas
How appropriate that the ABS conference would be in Las Vegas. https://seekingalpha.com/article/4330253-slm-corporation-slm-presents-annual-abs-2020-vegas-conference-slideshow
While you are worrying about being downsized...
Have you seen my College Meltdown video playlist? I think you'll find it very educational. Please take a look and share it with your people. https://www.youtube.com/playlist?list=PLcq7zwhpdzfk4Id4RDVVgURl44elXTGLT Please let me know what you... — read more
Earnings Call January 22, 2019
Sallie Mae to Release Fourth-Quarter and Full-Year 2019 Financial Results on Jan. 22 https://seekingalpha.com/pr/17743766-sallie-mae-to-release-fourth-quarter-and-full-year-2019-financial-results-on-jan-22
Newark Charter High School Student Surprised With $25,000 Scholarship From Sallie Mae
More PR to get at-risk customers https://seekingalpha.com/pr/17728022-newark-charter-high-school-student-surprised-25000-scholarship-from-sallie-mae
Currently Hiring Big Time
And no Layoffs at SLM for now
Rapper Dee-1 sells out to Sallie Mae
https://seekingalpha.com/pr/17698240-educator-turned-hip-hop-artist-deeminus-1-sallie-mae-bring-award-winning-college-planning
$100K is a drop in the bucket
"Sallie Mae to Present $100,000 Contribution to Big Brothers Big Sisters of Delaware," because they are such a great company? https://seekingalpha.com/pr/17675494-sallie-mae-present-100000-contribution-big-brothers-big-sisters-delaware
Sallie Mae -10% as private education loan delinquencies rise in Q3
https://seekingalpha.com/news/3509241-sallie-mae-minus-10-percent-private-education-loan-delinquencies-rise-q3
NBC News Investigates
"Executives and employees from the student loan servicer were celebrating with a paid trip to a Maui resort after a record year of some $5 billion in loans to 374.000 borrowers. While employees were being rewarded, many student borrowers are finding... — read more