Entry from US English dictionary
Definition of Sallie Mae in English:
The Student Loan Marketing Association, an agency that makes educational loans more widely available to college students.
- The Sallie Mae Fund administers its own programs and initiatives. As such, The Fund does not accept unsolicited grant proposals.
- Sallie Mae has been hit hard by student loan losses in the wake of the global credit crises.
1970s: elaboration of the acronym SLMA, suggested by the given names Sally and Mae, on the pattern of Fannie Mae.
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.