Trump's Tax Legislation Expected to Benefit Private Student Lenders Like SoFi

Reported about 19 hours ago

President Trump's tax bill is set to favor private student loan companies such as SoFi by limiting federal borrowing amounts for students. As federal loans become less accessible, especially for graduate and professional students, demand for private loans is anticipated to rise. Analysts expect SoFi to capture this increasing market demand, along with refinancing opportunities due to less appealing federal repayment programs.

Source: YAHOO

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