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LendingTree (TREE) Gains 29.2% as Q1 Earnings Beat Estimates

Sallie Mae Releases Environmental, Social, and Governance (ESG) Report

20 States with the Highest Student Loan Debt

SLM (NASDAQ:SLM) Has Affirmed Its Dividend Of $0.11

The Sallie Mae Fund Grants $75,000 to DC College Access Program to Support Higher Education Access and Completion

SLM Corporation (NASDAQ:SLM) Q1 2024 Earnings Call Transcript

SLM First Quarter 2024 Earnings: Beats Expectations

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Q1 2024 SLM Corp Earnings Call

SLM Corp (SLM) Q1 2024 Earnings Call Transcript Highlights: Strong Performance and Strategic ...

Sallie Mae (SLM) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

SLM Corp (SLM) Exceeds Analysts' Q1 Earnings Expectations with Strong Financial Performance

Sallie Mae Reports First-Quarter 2024 Financial Results

Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock

Capital One (COF) Reports Next Week: Wall Street Expects Earnings Growth

Sallie Mae (SLM) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Sallie Mae to Release First-Quarter 2024 Financial Results on April 24

Navigating college scholarships with Scholly by Sallie

According to data from ScholarshipOwl, half of Gen Z students have no money for college, while a Bloomberg report found the average sticker price for an Ivy League University education is over $90,000 a year. Fortunately, there are a myriad of scholarships available to students in the US. Scholly By Sallie Founder Christopher Gray and Shark Group CEO Daymond John joins Wealth! to break down some of the best ways to avoid student debt and how prospective students can navigate the mass of scholarship opportunities. John invested in Scholly after Gray pitched the service on an episode of Shark Tank. Scholly was then acquired by student loan lender Sallie Mae (SLM) in 2023. Gray offers this piece of advice for students getting ready to apply for scholarships: "I think that just being able to start as early as you can, and if you do have to wait the last minute, that's fine, people have different responsibilities but that is the biggest mistake. Waiting to the last minute and then just having to rush and do all those essays and applications, you have to submit FAFSA forms, you have to do all of those things. So that's the biggest mistake I see people make." John instills the importance of education and why students need to apply for scholarships: "There's a lot of great programs out there that want to reward people who are moving in the direction that scholarships and opportunities have been presented. I think that just like in business, your personal business, you can either increase sales or reduce costs. If you can reduce the costs of getting a better education, then in the long run, it's a great payoff." For more expert insight and the latest market action, click here to watch this full episode of Wealth! Editor's note: This article was written by Nicholas Jacobino

Latest Research Report From Sallie Mae and Ipsos Identifies Barriers to College Completion