News Summary

• Chris Gray sold his scholarship search startup Scholly to Sallie Mae in 2023.
• Now he's suing the student loan giant for wrongful termination and alleging that it’s selling the data his app collected, which includes personal info on minors.
• Gray co-founded the company a decade prior with the hope of helping students more easily find college scholarships that were going untapped.
• He claims the company fired him a year after the acquisition when he tried to raise concerns about data privacy issues.