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.
Profit margin too too much
Why is this a problem? It's a private company giving their employees an added perk. Would love to see the types of perks Forbes gives it's employees, but of course I will never know since it's none of my business
Bit like retirement fund “administrators”.
Ouch. Where is the oversight?
You’re acting as if they were held at gu point to go to college. Jackasses
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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 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. Nobody forced anyone to go to college. They willingly chose to take out 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
Source: Forbes - 🏆 394. / 53 Read more »
Sallie Mae executives celebrate in Hawaii as Americans are crippled by student loan debtSallie Mae CEO Ray Quinlan insisted the trip wasn't an 'incentive trip,' just a 'nice spot.' Guess Doral wasn't available And the University Presidents that set these prices just giggle as they drink Champagne this afternoon in the suites at football games on campus...... I can’t help but wonder how many of those students had good much lower cost public university options but instead opted for much higher cost private universities?
Source: Newsweek - 🏆 468. / 52 Read more »
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 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. Nobody forced anyone to go to college. They willingly chose to take out 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
Source: Forbes - 🏆 394. / 53 Read more »