Student loan marketing association in economics and finance

Hello everyone! Today, we're going to discuss an important organization that plays a significant role in the world of economics and finance: the Student Loan Marketing Association, commonly known as SLMA. Formerly a government-sponsored enterprise, SLMA was established in 1972 with the primary objective of providing liquidity to the student loan market. Over the years, it has evolved into a vital player in the realm of student loans and financial aid.