[Congressional Record Volume 158, Number 61 (Thursday, April 26, 2012)]
[Extensions of Remarks]
[Page E661]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




          SALLIE MAE LOAN SERVICING CENTER IN HANOVER TOWNSHIP

                                 ______
                                 

                           HON. LOU BARLETTA

                            of pennsylvania

                    in the house of representatives

                        Thursday, April 26, 2012

  Mr. BARLETTA. Mr. Speaker, I rise to honor the Sallie Mae Loan 
Servicing Center in Hanover Township, which will celebrate its 25th 
anniversary today, April 25, 2012.
  The Student Loan Marketing Association, commonly known as Sallie Mae, 
was originally created in 1972 as a government sponsored enterprise. In 
1997, Sallie Mae began privatizing its operations. At the end of 2004, 
Congress terminated Sallie Mae's federal charter, officially ending its 
ties to the government. Today, Sallie Mae is the nation's number one 
financial services company specializing in education and offering a 
wide range of products and services from college savings programs to 
education loans.
  Currently, Sallie Mae employs an estimated 8,000 individuals 
nationwide and is one of the largest employers in Northeastern 
Pennsylvania. In addition to providing jobs, Sallie Mae sponsors The 
Sallie Mae Fund, a charitable organization with a mission to increase 
access to higher education for America's students. In honor of the 
Hanover Township facility's 25th anniversary, The Sallie Mae Fund 
announced a $150,000 donation to the Osterhout Free Library in Wilkes-
Barre to support the library's early literacy outreach program. The 
Fund also supports employee volunteerism and community service. I am 
proud to say that Sallie Mae employees have raised more than $2.5 
million for Pennsylvania charities.
  Mr. Speaker, for the last 25 years, Sallie Mae has proudly served the 
citizens of Hanover Township and all of Northeastern Pennsylvania. I 
commend Sallie Mae and all those employed at the Loan Servicing Center 
for their dedication to education, to the community, and to our 
country.

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