Sallie Mae - Student Loan Marketing Association

Sallie Mae - Student Loan Marketing Association

A publicly traded company that is the largest provider of educational loans in the U.S. Along with providing student loans, Sallie Mae purchases student loans from the original lenders and provides financing to state student-loan agencies.

Notes:

Sallie Mae was originally formed in 1972 as a government enterprise but as of 2004 is a completely independent publicly traded company. Sallie Mae is traded on the NYSE with the ticker symbol SLM.

See also: Fannie Mae, Freddie Mac, Ginnie Mae, Government-Sponsored Enterprise - GSE, New York Stock Exchange - NYSE