Sallie Mae plans $817 million of bonds backed by student loans
SLM Corp., the student lender known as Sallie Mae, plans to sell $817 million of bonds backed by student loans after relative yields jumped as Europe's debt crisis roiled credit markets.
Sallie Mae, the nation's number one student loan provider, announced on April 6 that it will bring 2,000 outsourced jobs back into the United States, including those in information technology, call centers, and loan servicing.