J.P. Morgan analysts pointed out in a research report that private student loan institutions may receive a favorable boost of about 2.5 billion US dollars from Trump's signing of the “Big and Beautiful” bill last week. The bill limits and even removes some of the federal government's loan sources for graduate students, shifting the $14 billion student loan market to the private sector. Compared to the $1.2 billion loan issued by private lenders to graduate students in 2024, this represents huge room for growth. Analysts said that with this shift, lenders such as SoFi, Sallie Mae, and Navient are expected to see significant increases in interest and processing fees.

J.P. Morgan analysts pointed out in a research report that private student loan institutions may receive a favorable boost of about 2.5 billion US dollars from Trump's signing of the “Big and Beautiful” bill last week. The bill limits and even removes some of the federal government's loan sources for graduate students, shifting the $14 billion student loan market to the private sector. Compared to the $1.2 billion loan issued by private lenders to graduate students in 2024, this represents huge room for growth. Analysts said that with this shift, lenders such as SoFi, Sallie Mae, and Navient are expected to see significant increases in interest and processing fees.