Entries Tagged as 'Corporate Info'

Saturday, March 24th, 2007

Sallie Mae Donates 1 Million To Encourage Students to Go To College

Sallie Mae recently pledged 1 million towards programs and agencies in Texas to increase college attendance in the state. They will partner with various groups to give grants and scholarships to students in order to boost college attendance.
This is great and all however, 1 million won’t put many students through school without leaving a [...]

Tuesday, February 13th, 2007

Sallie Mae Chair Sells 1/3rd of His Stock Just In Time

Albert Lord, Chairman of Sallie Mae unloaded a third of his stock in Sallie Mae just before a news came of cuts from the federal government.  He sold 18.3 million dollars worth of stock, roughly 23% of the company.  A company spokesman said the sale had been planned for weeks but One can’t help and [...]

Friday, February 2nd, 2007

Ted Kennedy Sullies Sallie Mae’s Rep?

Apparently Thomas Fitzpatrick is under the delusional impression that Families and students across America view Sallie Mae as a bastion of hope and a helper of the underdog. He sees Sallie Mae as a helper and a company which gives students a helping hand. This delusion has led him to cry out against [...]

Friday, January 26th, 2007

Sallie Mae Subsidary Linked to Aggressive Collection Tactics

Arrow Financial Services, a company owned by lending giant Sallie Mae is being charged in Illinois with aggressive collection tactics. The Chicago Sun Times reports on the allegations:
The suit alleges that Arrow engaged in such practices as trying to collect debts that have been discharged in bankruptcy, using profanity, and withdrawing money without authorization [...]

Tuesday, January 23rd, 2007

Sallie Mae’s Guaranteed Interest Rate!

The Daily Texan, the student newspaper at the University of Texas published an article which highlights the current loan bill being floated around Washington. The bill which met great success in the house this week would cut Subsidized Federal Loan interest rates to 3.4% by 2011. Unfortunately the article states that President Bush [...]

Tuesday, January 23rd, 2007

Sallie Mae 96% Profit Drop in 4th Quarter

Sallie Mae recently announced its 4th Quarter results which contain some interesting information.  The biggest news is that Sallie Mae had a 96% drop in profits for the fourth quarter.  The drop in profits however does not relate to the actual core business which is made up of the loans it manages.  The loss was [...]

Tuesday, January 16th, 2007

How Much Do Sallie Mae Executives Make?

While you are scraping along eating Ramen so you could afford to make that one pleasure purchase after graduation the heads of Sallie Mae are raking in the cash. Check out the salary info for the top officers at SLM Corp. Granted managing the assets of such a mammoth company is quite the [...]

Saturday, January 13th, 2007

Contact Info For Sallie Mae

Sallie Mae is located at
11600 Sallie Mae Dr
Reston, VA 20190
And can be reached at this number.
(703) 810-3000
Next week I plan on trying to get in touch with Thomas Fitzpatrick the current CEO. Feel free to chat with him and express your concerns after learning more about our situation.