SLM Corp Partners with KKR for Private Credit Push

Snack-Sized Version:

SLM Corp (Sallie Mae) announced a strategic partnership with KKR on November 12, 2025, to expand its capabilities in the private credit market. This move aims to diversify revenue streams beyond core student lending ahead of the company’s December 8 Investor Forum. See the official newsroom.

Read the Full Meal:

Sallie Mae is making a significant pivot by partnering with investment giant KKR to leverage opportunities in private credit. Announced on November 12, 2025, the deal signals a push to diversify the lender’s business model beyond its traditional education loan focus. Management is expected to provide further details on the financial impact during the upcoming Investor Forum on December 8. Read the full update here. Private credit has become a major growth area for financial institutions seeking higher yields in a shifting rate environment.

Strategic Shift

• Diversification: The KKR alliance opens new revenue channels outside student lending.
• Market position: Analysts maintain a “Moderate Buy” rating with a $32.63 price target.
• Community support: The company also recently awarded $500,000 in scholarships on November 6.
• Execution: The December 8 forum will be critical for explaining the integration roadmap.

Quick links

• Official source: Sallie Mae Newsroom
• IR hub: Investor Relations
• Our coverage: SLM Corp Stock News Hub

Why this can matter for SLM holders

• New growth: Access to private credit markets offers a counter-cyclical revenue stream.
• Valuation gap: The stock trades around $27.89, well below the $32.63 analyst consensus target.
• Clarity coming: The December Investor Forum acts as a near-term catalyst for the stock.

What to watch next

1. Investor Forum: Watch for strategic updates on December 8, 2025.
2. Deal details: Look for specifics on capital allocation and expected margins from the KKR partnership.
3. Analyst reaction: Monitor if firms adjust the $32.63 price target following the forum.

Mini FAQ

Who is the new partner?
Sallie Mae is partnering with KKR to enter the private credit space.

When is the next major event?
The company hosts its Investor Forum on December 8, 2025.