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SLM Corporation, originates and services private education loans to students and their families to finance the cost of their education in the United States. The company operates through two segments, Consumer and Business Services. It also originates, sells, and services federal student loans; originates and services stand-alone private educational loans; manages a private loan portfolio; provides collection services for guarantors of educational loans; and originates, services, and collects on uninsured health professions loans. The company was founded in 1973 and is based in Newark, Delaware.
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