Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Of all student loans awarded, $16 billion (19%) was in the form of private loans compared to less than 5% just 10 years ago. The vast growth in private loans is being facilitated by several factors including rising college costs, stagnant federal loan limits, increased private loan profitability, and increased sales of private loans on capital markets. Private and federal loans are distinct from one another in a number of important ways, including funding and guarantee structure; associated risk of default; terms of interest rates, repayment and fees; and variability in products offered and the borrowing process. The future of private loans depends on the behavior of both lenders and students within a broader policy and economic environment.

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.