"We haven't seen anything that leads us to believe it's not achievable, but we're going to continue to soldier away and make sure we put ourselves in the best position we can to win."
Private student-loan lenders are gearing up to compete for federal borrowers following significant changes in federal borrowing policies. The elimination of the Grad PLUS program and new borrowing caps for advanced degrees are expected to drive federal borrowers towards private lenders for additional financing. Executives from major lenders like Navient and Sallie Mae expressed confidence in their ability to meet this demand, emphasizing improved customer service and expanded marketing strategies. Concerns have been raised about the potential risks of increased private lending due to limited oversight.
Read at www.businessinsider.com
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