Non-interest expenses of Sallie Mae 2013-2023
The total non-interest expenses of the SLM Corporation, commonly known as Sallie Mae, increased year-on-year from 2013 to 2019, before dropping slightly for the first time in the year 2020. This decline could be attributable to the effects of the coronavirus pandemic. At the end of 2023, the non-interest expenses of this publicly traded U.S. corporation, whose operations are originating, servicing, and collecting on student loans, amounted to approximately 685.6 million U.S. dollars.