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Home > Company Index > Financial Services > Consumer Loans > USA Education, Inc.

USA Education, Inc.
NYSE: SLM
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 NEWS FROM THE WIRES
Sallie Mae prices floating rate note issue
Aug 13 2001 01:26 PM PDT

Sallie Mae to price floating rate notes
Aug 10 2001 11:33 AM PDT

RESEARCH ALERT-Goldman cuts Salie Mae to market perform
Jul 26 2001 09:01 AM PDT

Asset-Backeds- Student loan deals make the grade
Jul 24 2001 03:25 PM PDT

Sallie Mae prices $1.5 bln student loan bonds
Jul 24 2001 01:08 PM PDT

More WIRE STORIES about this company

 PROFILE
USA Education, formerly SLM Holding, is the parent of the Student Loan Marketing Association (Sallie Mae). The company keeps loan money flowing and protects student loans from the ups and downs of the credit market by buying loans from originators and relieving them of risk for defaults. Sallie Mae no longer has the guarantee of US government support and protection from the costs of defaulted loans; Sallie Mae was forced to reinvent itself by legislation requiring the government to make most of the loans directly. The company, which will be fully privatized by 2008, has entered such new areas as loan origination (through its Nellie Mae subsidiary) and insurance.

 COMPETITION
Citigroup Inc. (C)
First Union Corporation (FTU)
Student Loan Corporation (STU)

 STOCK ANALYSIS
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FURTHER ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 4,166.30
1-Yr. Sales Growth: 27.8%
Employees: 6,712
Revenue per employee: $620,724.08

 KEY PEOPLE
• Albert L. Lord
    CEO
• John E. Remondi
    CFO

 CONTACT INFO
11600 Sallie Mae Dr.
Reston, VA 20193
US
Phone: 703-810-3000
Fax: 703-810-7053
Online: Web Site

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