SLM Corp (NASDAQ:SLM) Stock: Why Biden’s Student Loan Forgiveness Is Good News
Sallie Mae (SLM), trading as SLM Corp, operates in the education loans market. It provides private student loans to help people pay for college and obtain a degree or other professional training. Sallie Mae may benefit from President Joe Biden’s decision to forgive federal student loans for some borrowers. Sallie Mae has an interesting history. It started in 1972 as a government entity working on the federal education loans program. At some point, Sallie Mae shifted its focus to the private student loans market and emerged as a leader in that space. Why do Students Prefer Sallie Mae''s Education Loans? The private student loans market is highly competitive.
SLM Corp (NASDAQ:SLM) Stock: Why Biden’s Student Loan Forgiveness Is Good News
Sallie Mae (SLM), trading as SLM Corp, operates in the education loans market. It provides private student loans to help people pay for college and obtain a degree or other professional training. Sallie Mae may benefit from President Joe Biden’s decision to forgive federal student loans for some borrowers. Sallie Mae has an interesting history. It started in 1972 as a government entity working on the federal education loans program. At some point, Sallie Mae shifted its focus to the private student loans market and emerged as a leader in that space. Why do Students Prefer Sallie Mae''s Education Loans? The private student loans market is highly competitive.