LendKey Research:
Private Student Loan Report
Positive Signals
The first in a series—this LendKey Bellwether report gives insight into the portfolio performance of hundreds of banks and credit unions that are financing college educations for a diverse group of borrowers, across all 50 states.
Highlights
The latest LendKey Bellwether Report focuses on the private student lending landscape. Insights you’ll find in the report include:
- Indicators showing growth in the private student loan asset class
- Portfolio performance based on of 275 banks and credit unions
- Cosigner statistics and geographical spread: 90% of loans are originated with a cosigner and most are from northern states
- Over the last seven years, defaults and charge-off rates have significantly declined
