Chart of the Week: Market Share in Student Loan Debt

Currently the student loan debt market is at approximately $1.4 trillion; market share from government lenders has been on the rise under the Obama administration with federal student loans accounting for approximately 93% of the market versus 88% in 2008; in the Trump administration it is likely that private lenders will take a larger share as Republicans favor more financing options from private sector participants; since the November 8 election, shares of private lender Sallie Mae have increased 55%; marketplace lenders are also likely to take part in a market shift towards private student lending, specifically as their student loan offerings continue to expand.  Source