Sallie Mae paid for employees to go on Hawaiian retreat to celebrate $5 billion in sales - Washington Times

Sallie Mae paid for employees to go on Hawaiian retreat to celebrate $5 billion in sales - Washington Times
"Student loan servicer Sallie Mae paid for more than 100 of its employees to go on a Hawaiian retreat in August to celebrate a record $5 billion worth of sales.
“We said, ‘Hey, look, Maui is a pretty nice spot,” Ray Quinlan, CEO of Sallie Mae, said to NBC News while on the grounds of the Fairmont Resort on Hawaii’s Wailea beach.
The trip celebrated a year of $5 billion in sales to 374,000 borrowers.
The sales came as combined U.S. student debt topped $1.6 trillion.
Mr. Quinlan said the trip was not an “incentive” based trip, calling a “sales get-together for all of our salespeople.”
 He added that Sallie Mae has been taking similar retreats since it was a public loan servicer in the 1970s..."
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