Sallie Mae Partners with KKR in Multi-Year Private Student Loan Deal

Reuters11-12

Sallie Mae Partners with KKR in Multi-Year Private Student Loan Deal

SLM Corporation, commonly known as Sallie Mae, has announced a multi-year strategic partnership with global investment firm KKR. Under the agreement, KKR will purchase an initial seed portfolio of private education loans from Sallie Mae and commit to buying at least $2 billion in newly originated private education loans annually over an initial three-year term. Sallie Mae will continue to service the loans and maintain customer relationships, earning ongoing fees for servicing, program management, and industry expertise. This partnership aims to enhance Sallie Mae's loan origination capacity and balance sheet efficiency, enabling the company to serve more students and families.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SLM Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20251110618393) on November 12, 2025, and is solely responsible for the information contained therein.

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