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SLM Corporation (commonly known as Sallie Mae; originally the Student Loan Marketing Association) is a publicly traded U.S. corporation that provides consumer banking.Its nature has changed dramatically since it was set up in the early 1970s; initially a government entity that serviced federal education loans, it then became private and began offering private student loans.
Maximus Inc. is an American government services company, [1] with operations in countries including the United States, Canada, and the United Kingdom. [2] Maximus provides administration and other services for Medicaid, Medicare, health care reform, welfare-to-work, and student loan servicing, among other government programs.
Navient was chartered in 1972 as a Government-Sponsored Enterprise (GSE) called Student Loan Marketing Association (nicknamed Sallie Mae). [4] [5] The company was created by Congress to support the student loan program established by the Higher Education Act of 1965. [6]
But if you live in an area where the company has a presence and work for the company for at least 20 hours a week, you could get student loan repayment assistance starting at $100 per month.
Millions of student-loan borrowers have faced legal whiplash over the past 24 hours. A Missouri judge blocked Biden from carrying out his broader debt relief plan just hours after receiving the case.
A major student-loan company is being punished for preventing over 460,000 borrowers from accessing cheaper monthly payments Ayelet Sheffey Updated October 18, 2024 at 11:25 AM
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