SLM ( (SLM) ) has issued an update.
SLM Corporation has shared an update on its peak season performance, revealing a substantial increase in applications and originations, which continued through August, surpassing last year’s figures. The update, including noteworthy stats such as a 6% quarterly application growth and a 91% cosigner rate, reflects a compressed yet extended peak season. This performance insight, which can be found on Sallie Mae’s website, is a snapshot of the company’s internal calculations and is not final for the quarter.
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