NEWARK, DE — Sallie said it launched Backpack Media, an advertising network designed to connect brands with student audiences ...

Welcome back to AdExchanger’s Commerce Media Newsletter. Some sad news to start. Pour one out for the ecommerce brand ...

Sallie Mae recently announced that they will be splitting up into two companies: Sallie Mae and Navient. In 2010, the government, through the Department of Education, started lending directly to ...

Sallie Mae's earnings took a dive in the second quarter, dented by a large increase in its provisions for credit losses. But thanks to recent legislation, the student loans giant sees a big, beautiful ...

Sallie Mae SLM announced that it has entered into a $200 million accelerated share repurchase agreement (ASR) with Goldman Sachs & Co. LLC GS. The transaction is part of its broader $500 million share ...

Student loan giant Sallie Mae announced a major change to its model today. It will split its growing, private student loan business from its shrinking government-backed loan servicing business. The ...

Sallie Mae’s shares were hammered yesterday after the student lender’s beleaguered chief Albert Lord failed to calm investor fears on a nasty conference call that ended with an expletive-laced goodbye ...

Sallie Mae, the nation's largest student-loan company, is being sold to a group of private investors led by private-equity firm J.C. Flowers & Co. The deal, worth $25 billion, comes as the college ...

Navient, formerly known as Sallie Mae, is being sued for allegedly misleading borrowers and engaging in “unlawful acts and practices.” The nation’s largest servicer of student loans serves 12 million ...