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Sallie Mae is a publicly traded company that provides education loans for students and families to help them finance their higher education. Founded in 1972 as a government-sponsored enterprise, Sallie Mae initially operated as a federally guaranteed student loan provider. However, the company has since evolved to become a private lender that offers a variety of loan products, including private student loans, college savings plans, and college financial planning tools. Sallie Mae also provides resources and support to help students and families navigate the complexities of college financing. With a focus on helping students achieve their educational goals, Sallie Mae is a leading provider of student loans in the United States.