Why Banks Should Reconsider Private Student Loans
Published February 12, 2014 11:13 AM
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Updated February 10, 2020 10:44 AM
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Banks have shied away from private student loans, both because of the need for scale in this business and intense scrutiny from regulators including the Consumer Financial Protection Bureau. But these loans are performing much better than federally guaranteed student loans, says Dan Feshbach, Chief Executive of data company MeasureOne.