For a symmetric distribution (where the median equals the midhinge, the average of the first and third quartiles), half the IQR equals the median absolute deviation (MAD). The median is the corresponding measure of central tendency. Identification of outliers (see below).
SLM Corporation (commonly known as Sallie Mae; originally the Student Loan Marketing Association) is a publicly traded U.S. corporation that provides consumer banking. Its nature has changed dramatically since it was set up in 1973. At first, it was a government entity that serviced federal education loans.
Sallie Mae Student Loan Consolidation With Sallie Mae student loans, borrowers also have the option to consolidate their student loans. For those with more than one federal loan, this federal consolidation with take a weighted average of existing federal student loans to help simplify repayment.