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Stock impact report

Major private student-loan companies are 'excited' about Trump's repayment overhaul [Business Insider]

Navient Corporation (NAVI) 
Last navient corporation earnings: 4/21 04:14 pm Check Earnings Report
US:NASDAQ Investor Relations: navient.com/about/investors
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Trump's changes to student-loan repayment include new borrowing caps for advanced degrees. Private lenders said on earnings calls that the federal changes could bring more borrowers to the private industry. Borrowers could also choose to forgo graduate programs due to anticipated limited federal financing. Private student-loan companies are gearing up for a big year ahead. President Donald Trump's administration is preparing to roll out its sweeping student-loan repayment changes beginning in July. Those changes include new repayment plans and caps on federal borrowing for advanced degrees. Some companies see those changes as an opportunity for the private lending industry. During an earnings call last week, Jonathan Witter, the CEO of lender Sallie Mae, said that the company is "excited about the opportunity created by the recent federal Show less Read more
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