Can you get Sallie Mae loans forgiven?

Published by Charlie Davidson on

Can you get Sallie Mae loans forgiven?

And currently there is no such thing as private student loan forgiveness or Sallie Mae signature student loan forgiveness. That’s right—forgiveness is limited to federal education loans.

What is wrong with Sallie Mae?

The Problem With Sallie Mae or Navient Loans Student loans that originate from Sallie Mae or Navient are not federal loans. They are private loans. Sallie Mae and Navient offer few to no options for repayment and do not offer any kind of income-based repayment plans.

Who is the owner of Sallie Mae?

Raymond J. Quinlan
Raymond J. Quinlan is chairman and chief executive officer of Sallie Mae, the nation’s financial services company specializing in education.

Who is the CEO of Sallie Mae?

Jonathan W. Witter
Sallie Mae/CEO

Jonathan (Jon) Witter is chief executive officer of Sallie Mae and is a member of the company’s board of directors. An industry veteran, Jon brings nearly three decades of executive leadership, banking expertise, and operational management to the company.

Is Sallie Mae and Navient forgiving loans?

Despite once being the same company, Navient and Sallie Mae are now completely separate organizations. Navient loan forgiveness is not the same as Sallie Mae loan forgiveness. Because of their history with Sallie Mae, however, Navient services a mix of private and federal student loans.

Is Sallie Mae going out of business?

Sallie Mae recently announced that they will be splitting up into two companies: Sallie Mae and Navient. While Sallie Mae has still been servicing government issued student loans, it hasn’t been issuing the loans anymore. As a result, the fundamentals of it’s business has changed.

Is Sallie Mae a person?

SLM Corporation (commonly known as Sallie Mae; originally the Student Loan Marketing Association) is a publicly traded U.S. corporation that provides consumer banking. Navient is the largest servicer of federal student loans and acts as a collector on behalf of the Department of Education.

Who is the CEO of Navient?

John F. Remondi (Apr 2014–)
Navient/CEO

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