ATLANTA, GA – – (Globe Newswire – December 22, 2025) – – A shareholder class action lawsuit has been filed against SLM Corporation (“SLM” or the “Company”) (NASDAQ: SLM). The lawsuit alleges that Defendants made materially false and/or misleading statements and/or failed to disclose material adverse information regarding SLM’s business, operations, and prospects, including allegations that: (i) SLM was experiencing a significant increase in early stage delinquencies; and (ii) accordingly, Defendants overstated the effectiveness of SLM’s loss mitigation and/or loan modification programs, as well as the overall stability of the Company’s private education loan delinquency rates.

If you purchased shares of SLM between July 25, 2025 and August 14, 2025, and experienced a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888) 508-6832, or by visiting the firm’s website at www.holzerlaw.com/case/slm-corporation/ for more information.

The deadline to ask the court to be appointed lead plaintiff in the case is February 17, 2026.