Student Loan Marketing Association (Sallie Mae)

The Student Loan Marketing Association, commonly known as Sallie Mae, is a company that originated to help students and families finance higher education. It primarily provides, markets, and services student loans, making college more accessible by offering various borrowing options. Initially created by the U.S. government, Sallie Mae became a private company in 2004, operating in the student loan industry to support education funding. Its role involves managing loans, helping students pay for college, and working with lenders and educational institutions to facilitate these financial services.