2.0
Oct 19, 2020
Current employee, more than 10 years
Recommend
CEO approval
Business Outlook
Pros
Sallie Mae is still the number one provider of private student loans. As an employer, Sallie Mae provides competitive benefits and compensation packages.
Cons
Sallie Mae was once a fantastic place to work. However, Sallie Mae has experienced a lot of turnover in its senior management ranks over the last decade - mostly related to regulatory changes that eliminated the private sector role in federal student loans. Sallie Mae should have worked harder to retain and/or recruit leaders with education finance backgrounds rather than hire banking professionals with zero student loan experience in order to help them avoid past mistakes. Personal/work life balance is not great. Loyalty is expected but not reciprocated.