New national study from Sallie Mae and Gallup provides insights into how America saves for college

Findings To Be Released on May 29 — “529 College Savings Day”

Teleconference Media Preview on May 28, 11 a.m. EDT

What

A telephone briefing to give media a preview of “How America Saves for College,” a new national study of more than 1,200 parents of children under age 18 that will be released on
May 29 for “529 College Savings Day.” Joe DePaulo, executive vice president, Sallie Mae, the nation’s leading saving-and paying-for-college company, along with Dr. Bill Diggins, lead researcher from Gallup, the nation’s leading research organization, will discuss results to questions such as:

  • How many families are saving for college?
  • How has saving for college been affected by the economy?
  • What priority do parents place on saving for college vs. retirement and other needs?
  • What are the savings differences by income and race/ethnicity?
  • How much of the cost of college do parents expect to contribute?

THE STUDY IS EMBARGOED UNTIL 9 P.M., THURSDAY, MAY 28, AND WILL BE RELEASED ON MAY 29.

Who

Joe DePaulo, executive vice president, Sallie Mae
Dr. Bill Diggins, strategic consultant and lead researcher, Gallup

When

Thursday, May 28, 2009, 11 a.m. EDT (Telephone Media Preview)

Members of the media may participate in the conference call by dialing (866) 445 - 6658 (conference ID 11670692).
Please RSVP to erica.eriksdotter(at)salliemae.com to receive an embargoed copy of the study.

The call will begin with short remarks, followed by a question and answer session about the study.

For more information contact:
Erica Eriksdotter (703) 984-5628 (Sallie Mae)
Eric Nielsen (202) 715-3030 (Gallup)



SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, is the nation’s leading provider of saving, planning and paying for education programs. Through its subsidiaries, the company manages $192 billion in education loans and serves 10 million student and parent customers. Through its Upromise affiliates, the company also manages more than $21 billion in 529 college-savings plans, and is a major, private source of college funding contributions in America with 11 million members and more than $500 million in member rewards. Sallie Mae and its subsidiaries offer debt management services as well as business and technical products to a range of business clients, including higher education institutions, student loan guarantors and state and federal agencies. More information is available at www.salliemae.com. SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.


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SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.