Sallie Mae Flew 100 Employees To Hawaii, And You Still Have Student Loan Debt

Sallie Mae flew more than 100 employees to Hawaii to celebrate $5 billion in student loans issued., which first reported the story, Sallie Mae, the private student loans lender, paid for its employees to vacation in Maui at the Fairmont Kea Lani to celebrate a record year of $5 billion in student loans to 374,000 student loan borrowers.

In 2014, Sallie Mae split into two separate companies: Sallie Mae and Navient. Sallie Mae, also known as SLM Corporation, is a consumer banking company and lender for private student loans, whileThe news didn’t sit well with many on Twitter, as the hashtag #salliemae has been trending. The most popular complaint goes something like this: “How can this company take a vacation when I owe tens of thousands of dollars in student loans and haven’t take a vacation in years?”

Other complaints go something like this: “Why are they profiting off of student loans when people need student loans to go to school?”Sanders believes that all student loan debt - including federal and private student loans - should be cancelled. He also believes that all four-year public colleges and community colleges should be tuition-free.

Not everyone on Twitter shares the same sentiments. Some have noted that while the optics may not be ideal, it’s typical for teams to take sales retreats – even to Maui. Other have commented that Sallie Mae is a lender and borrowers can choose their lender and whether they borrow student loan debt.

Well... I dumped Sallie Mae about 3 years ago...I’m glad she is doing good things with my money.

Well that’s something to look forward to Vacation of the Backs Of Students.😭😭😭

It just doesnt end.

So, a “private student loan lender” that is in the business of lending to students, decided to take a portion of their profits from their business to reward their employees is now subject to scrutiny?

Nice! The wealthy living in excess off the interest of the poor and middle class. I know, let's give them a tax cut so they can book Bora Bora next year!

Wha? I’m speechless. They could have traveled to beautiful Kansas City, Missouri...spent much less and had a fantastic time. KCMO

AnthonyONeal smh

Pathetic. So much for draining the swamp

Wow! While many struggle to get through college and struggle to get jobs that pay a living wage AND pay off college loans.

This is wrong and should be looked into by the attorney general office isn’t this taxpayers money isn’t this government money

Boo

Interesting, they are celebrating from people's personal debt..only in America!

Nobody forced anyone to go to college. They willingly chose to take out loans

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Sallie Mae execs tan at Maui retreat while student debt crisis tops $1.6 trillionAs borrowers struggle to keep up with their payments, Sallie Mae flew more than 100 employees on its sales team to Hawaii to celebrate $5 billion in sales. The student loan organization that demands co-signors to almost everyone. Then charges insane interest. Rancid nutsacks No words, just 🤦🏽‍♀️🤬🤯🤬🤯🤬
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Sallie Mae celebrates at luxury resort while Americans struggle with student loansExecutives and employees from the student loan servicer were celebrating with a paid trip to a Maui resort after a record year of some $5 billion in loans to 374.000 borrowers. While employees were being rewarded, many student borrowers are finding themselves in a desperate position. As long as their business is not illegal, why does it matter how they award their employees? Your tax dollars at work This is why so many people won’t be paying back their student loans. They shouldn’t have to
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Sallie Mae Flew 100 Employees To Hawaii, And You Still Have Student Loan DebtSallie Mae, the private student loan lender, flew more than 100 employees to Hawaii to celebrate $5 billion in student loans. I have clicked on 2 interesting articles you posted. The webpage was so riddled with ads I couldn't event read the articles. Seems more 'spammy' then the Forbes I'm used to.. Maybe an article about the university system continuing to increase prices while curriculums change very little. All Hail Mighty Devos
Source: Forbes - 🏆 394. / 53 Read more »

Sallie Mae execs tan at Maui retreat while student debt crisis tops $1.6 trillionAs borrowers struggle to keep up with their payments, Sallie Mae flew more than 100 employees on its sales team to Hawaii to celebrate $5 billion in sales. The student loan organization that demands co-signors to almost everyone. Then charges insane interest. Rancid nutsacks No words, just 🤦🏽‍♀️🤬🤯🤬🤯🤬
Source: NBCNews - 🏆 10. / 86 Read more »