"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
Should we worry about layoffs?
With results as bad as they are, I'm thinking we're about to pay the price.
Putting families in debt for K-12 private school?
SLM lends money to families for K-12 tuition? How does that work?
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
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
Music to die for
Lots of pain (blues, metal, etc.) around https://www.youtube.com/watch?v=QQtb8EtD458 https://www.youtube.com/watch?v=hfNm_z48gig https://www.youtube.com/watch?v=w5JBNcTDtVo https://www.youtube.com/watch?v=96KiSEMHy7Y Here's a really good rap from a... — read more
The final solution in higher ed--private loans
You have to admire the marketing here, calling debt the "Smart Option." https://seekingalpha.com/pr/17557999-sallie-mae-helps-families-bridge-financing-gap-competitive-private-student-loans
Revenue down but SLM beats profit estimates
Looks like SLM is finding efficiencies. Is anyone feeling it or is everything good to go? https://seekingalpha.com/article/4277603-slm-corporation-slm-ceo-raymond-quinlan-q2-2019-results-earnings-call-transcript
Looking to Cover Remaining College Costs? A Private Student Loan From Sallie Mae Can Help
"With starting variable rates ranging from 3.37% to 10.75% APR with auto-debit discount and fixed rates ranging from 4.74% to 11.35% APR, the Sallie Mae Smart Option private student loan for undergraduates is one of the most competitively priced... — read more
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
$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
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
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
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
Currently Hiring Big Time
And no Layoffs at SLM for now
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
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
SLM shares tanking...
https://collegemeltdown.blogspot.com/2020/03/coronavirus-and-college-meltdown.html
FED SLAB Bailout (TALF 2)
https://www.federalreserve.gov/newsevents/pressreleases/files/monetary20200323b3.pdf
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
Student loan revenues down
https://tcf.org/content/commentary/student-loans-plummeted-summer-term/?agreed=1&session=1
"The Looming Student Loan Servicing Crisis"
https://www.americanprogress.org/issues/education-postsecondary/news/2020/10/13/491260/looming-student-loan-servicing-crisis/
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
"Edugrift": Observations of Subprime College Lead Generator
https://collegemeltdown.blogspot.com/2020/10/observations-of-subprime-lead-generator.html
Using a predatory lead generator to find more student lenders?
https://www.unigo.com/loanfinder https://www.estudentloan.com/loanfinder
Dischargeable student loan debt and SLABS
Student loans dischargeable? What does this have to do with SLAB schemes? https://www.thelayoff.com/t/1bRx8TVm
"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
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
Sallie Mizzle
https://www.youtube.com/watch?v=_WHXc7FTkPQ&feature=emb_logo https://www.highereducationinquirer.org/2019/07/music-videos-of-college-meltdown.html
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 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
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
When Banks Lost Control of the Student Loan Mess
Remember the bad old days? https://www.highereducationinquirer.org/2025/01/when-banks-lost-control-of-student-loan.html
Sallie Mae GAAP EPS of $0.15 misses by $0.40, revenue of $390M beats by $19.12M
https://seekingalpha.com/news/4398127-sallie-mae-gaap-eps-of-0_15-misses-by-0_40-revenue-of-390m-beats-by-19_12m
Sallie Mae Reports Third-Quarter 2022 Financial Results
https://seekingalpha.com/pr/18992880-sallie-mae-reports-third-quarter-2022-financial-results
A growth opportunity
https://www.highereducationinquirer.org/2025/04/the-haves-and-have-nots-of-higher.html?m=1
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
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
"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