President Donald Trump signed an executive order on Thursday aimed at dismantling the U.S. Department of Education. President Trump also announced on Friday that federal student loan servicing will be transferred to the Small Business Administration.
Wall Street raised SLM's price targets after Q4 earnings release. EPS missed, but fiscal 2025 outlook higher than estimates. Analysts maintain ratings.
The Biden administration on Monday announced more federal student loan forgiveness, bringing the administration's total student loan forgiveness to $183.6 billion for more than 5 million borrowers.
The Biden administration withdrew two major student loan forgiveness plans on Friday, just weeks before President-elect Donald Trump is set to enter the Oval Office. Here's a look at what it means for borrowers and student loan service providers.
Sallie Mae stock is trading higher on Wednesday. Bank of America initiated coverage of the student loan provider with a Buy rating and set a price target of $27.
