student loans: Sallie Mae SLM, 1.06% the leader in private student loan origination, saw its stock price grow more than 50% between the election and the end of last week, according to Market Watch. Other companies involved in the industry, including Navient NAVI, 0.63% and Nelnet NNI, 0.70% two publicly traded firms that service student loans originated by the government, also saw increases of about 18% and 26% respectively during that period. But investors appear to be betting that a President Trump and Republican Congress will be good for the companies involved in the 1.3 trillion student loan business. Discover DFS, 0.29% which also offers private student loans, saw its stock rise about 8%. Though a variety of factors likely contributed to the growth in the stocks, experts say investors' perception that the new administration will make more room for private companies in student lending likely played a role. But large scale changes or even smaller tweaks to the system, which may be on the table in a new administration, could shift that balance. Caption outside of wrapper for normal article images The Department of Education is the nation's largest student lender, accounting for roughly 90% of the market.
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