Private Student Lending Report
For years, the federal student loan market has dominated discussions of the student debt crisis. However, the private student loan market is playing an increasingly significant role in higher education finance. A new report by the SBPC documents the rapid growth of the private student loan market and demonstrates why there is desperate need for accountability and reforms to protect the millions of borrowers whose lives are impacted by this market.
This report offers a snapshot of the market, notes recent trends in the space, and highlights the critical need for more rigorous borrower protection at the federal, state, and local levels.
Read the report here: Private Student Lending