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Nelnet, Inc., is a United States–based conglomerate that primary focused on financial services including student and consumer loan origination and servicing. Additionally, the company operates an investing arm, an internet bank and owns Allo Fiber, a cable and internet provider.
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Sloan is a city in Woodbury County, Iowa, United States. It is part of the Sioux City , IA– NE – SD Metropolitan Statistical Area . The population was 1,042 at the time of the 2020 census .
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A United States Department of Education audit revealed that since 1993, Nelnet has abused a loophole in federal tax legislation that allowed the company to receive a higher interest rate on specified loans, generating $278 million from taxpayers and possibly an excess $1.2 billion in profits. [2] [1] Nelnet has disputed the findings of the audit.
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A larger school building was constructed in 1916, that operated as a K-12. Carl Burris was superintendent during the 1920’s. In 1940, a new gymnasium was constructed for the Sloan Raiders basketball team. By 1949, enrollment had increased to 334, making Sloan Consolidated school the largest school in the county.
Iowa Telecommunications Services, Inc., commonly known as Iowa Telecom, provided local telephone service to former GTE customers in the U.S. states of Iowa, Missouri, Illinois, and Minnesota. Iowa Telecom was founded in 1999 as a partnership between Iowa Network Services and ING Barings .