Case 65 Sallie Mae (SLM Corporation)

B. Rajesh Kumar
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B. Rajesh Kumar: Institute of Management Technology

A chapter in Rising Stars, 2024, pp 487-492 from Springer

Abstract: Abstract SLM Corporation known as Sallie Mae is a premier education solutions company which caters to the needs of students in higher education sector. The company provides tools, resources, and information to facilitate students and families make informed decisions and support college completion through its scholarship programs and financing options. The company has been in existence for more than 50 years. The company which operates as Sallie Mae was formed in late 2013. The wholly owned subsidiary Sallie Mae, an industrial bank was established in year 2005. During April 2014, SLM got legally separated through spin off from Navient Corporation which is in the education loan management, servicing, asset recovery and consolidation loan business. The 5-year holding period return for the SLM stock was 56% while for S&P Supercomposite and S&400 Regional Bank Sub-Industry index, the holding period returns were 26% and 22%, respectively.

Date: 2024
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DOI: 10.1007/978-3-031-50032-9_65

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