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Stock impact report

Merger means Nelnet controls 40% of all student loan payments [Seeking Alpha]

Nelnet, Inc. (NNI) 
US:NYSE Investor Relations: nelnet.com/investors
Company Research Source: Seeking Alpha
Merger means Nelnet controls 40% of all student loan paymentsA single company will process more than 40% of all student loan payments following this week's completion of themerger of Nelnet (NYSE:NNI) and Great Lakes Educational Loan Services.NNI says the new combined company will service $397B in government-owned loans for 13.4M borrowers.Some consumer advocates worry that such a high level of consolidation, “creates an incentive to make these servicers too big to fail,” says Whitney Barkley-Denney of the Center for Responsible Lending, as well as the company'ssomewhat troubled past.Click to subscribe to real-time analytics on NNINow read:Oaktree Specialty Lending Corporation 2018 Q1 - Results - Earnings Call Slides » Show less Read more
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