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  2. Redlining - Wikipedia

    en.wikipedia.org/wiki/Redlining

    The suit also alleged that Sallie Mae failed to properly disclose loan terms to private student loan borrowers. The lawsuit was settled in 2011. The terms of the settlement included Sallie Mae agreeing to make a $500,000 donation to the United Negro College Fund and the attorneys for the plaintiffs receiving $1.8 million in attorneys' fees. [78 ...

  3. Navient - Wikipedia

    en.wikipedia.org/wiki/Navient

    Navient Corporation is an American student loan servicer based in Wilmington, Delaware.Managing nearly $300 billion in student loans for more than 12 million debtors, the company was formed in 2014 by the split of Sallie Mae into two distinct entities: Sallie Mae Bank and Navient.

  4. Sallie Mae - Wikipedia

    en.wikipedia.org/wiki/Sallie_Mae

    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.

  5. Student loan wage garnishment: How defaulting could ... - AOL

    www.aol.com/finance/student-loan-wage...

    With federal student loans, wage garnishment can continue until your loan balances plus interest and fees are paid back, but it can also end if your loan is removed from default. The federal ...

  6. How Sallie Mae Student Loans Can Help Parents Pay for College

    www.aol.com/sallie-mae-student-loans-help...

    The Sallie Mae Parent Loan provides the option for anyone — parents, grandparents or even friends — to borrow on a student’s behalf. How Sallie Mae Student Loans Can Help Parents Pay for College

  7. Can't pay student loans? Work for Sallie Mae! - AOL

    www.aol.com/news/2009-04-07-cant-pay-student...

    As student debt loans continue to grow exponentially while jobs for recent grads dry up, Sallie Mae is doing its part to lend a helping hand to the students who owe them tens of thousands of ...

  8. Student loan default in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loan_default_in...

    Defaulting on a loan happens when repayments are not made for a certain period of time as defined in the loan's terms of agreement, typically a promissory note. For federal student loans, default requires non-payment for a period of 270 days. For private student loans, default generally occurs after 120 days of non-payment. [1]

  9. Sallie Mae Sells Residual Interest in Three Federally ... - AOL

    www.aol.com/news/2013-06-13-sallie-mae-sells...

    Sallie Mae Sells Residual Interest in Three Federally Guaranteed Student Loan Trusts NEWARK, Del.--(BUSINESS WIRE)-- Sallie Mae (NAS: SLM) , formally SLM Corporation, today announced the creation ...