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Market |
Finance and Banking |
Report Type |
Market Research |
Country |
United States |
Published |
11 June 2012 |
Number of Pages |
35 |
Download |
|
Immediate |
|
Publisher |
IBISWorld |
File Format |
Private Student Loan Companies
Borrowed funds
The cost of tuition at universities continues to rise as government funding for universities decreases, which is fueling demand for private loans and boosting industry revenue. However, more stringent regulations have influenced some national operators to leave the industry and have pressured profit margins. Changes in regulations are forecast to continue in the coming years. Though government loans represent significant competition to the industry, rising tuition cost will likely continue expanding demand for private loans.
Companies in this industry provide students with money to pay for university tuition, books and living expenses. Stafford Loans and Perkins Loans are provided by the federal government; private loans are used to supplement government loans.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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