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Trump Administration Considers Selling Student Loan Debt to Private Market
The administration aims to reduce federal involvement by selling part of the $1.6 trillion student loan debt to private investors, continuing efforts to reshape federal student lending.
- The Trump administration has discussed transferring federal 'high-performing' student loans to the private sector, according to an unverified Politico report.
- SoFi Technologies Inc, a private student loan lender, saw its stock rise amid speculation it could benefit from reduced federal lending.
- Officials are considering hiring an outside firm to analyze the value of the $1.6 trillion federal student loan portfolio, with concerns over private lenders potentially being less forgiving to borrowers.
26 Articles
26 Articles
Why SoFi Stock Spiked This Week @themotleyfool #stocks $SOFI
Key PointsThe Trump administration is exploring the idea of selling some of its student loans to private companies. SoFi has a significant student loan refinancing business. Nothing has changed yet, but SoFi investors should pay attention to any potential news.10 stocks we like better than SoFi Technologies › Shares of the fintech company SoFi Technologies (NASDAQ: SOFI) jumped this week after Politico reported that the Trump administration is c…
Trump Gonna Sell Student Debt To Wall Street. Remember How Great That Worked With Mortgages?
Banksy in Boston: F̶O̶L̶L̶O̶W̶ ̶Y̶O̶U̶R̶ ̶D̶R̶E̶A̶M̶S̶ CANCELLED. Photo by Chris Devers, Creative Commons License 2.0The Trump administration is looking to revive a bad idea it played around with in Trump’s first term, to sell some portion of the government’s $1.6 trillion in student loan debt to private investors, Politico reports, citing three anonymous insiders who know things. The idea would be to reduce the amount of debt held by the Educat…
What if your student loan was sold to the private sector, as the Trump administration is looking for? We explain how it would affect the payment of your debt
NewsNation
The HillWhat happens to borrowers if government sells student loan debt?
(NewsNation) — The Trump administration is exploring whether to sell the federal government’s massive student debt portfolio to private companies, raising questions about what the move could mean for student loan borrowers. The administration has been considering the move for months, and it now appears to be gaining traction. Multiple sources confirm the plan would shift some student loan management from the Education Department to the U.S. Trea…
Trump to sell student loans to private market? Here's what it means for borrowers
Donald Trump-led federal government is looking to potentially sell off parts of the $1.6 trillion student loan portfolio to the private market which is owed by nearly 43 million Americans. Here's what this move means for the student loan borrowers…
SoFi Stock Surges As Trump Administration Considers Selling $1.6 Trillion Student Loan Portfolio To Private Lenders - SoFi Technologies (NASDAQ:SOFI)
Shares of SoFi Technologies Inc. (NASDAQ:SOFI) jumped on Tuesday amid reports that the President Donald Trump administration may sell parts of the federal government's $1.6 trillion student loan portfolio to private lenders, fueling optimism for the fintech's growth. Trump Administration Weighs Selling Federal Student Loans To Private Lenders Senior officials at the Treasury Department and the Department of Education have discussed transferring …
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