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Up Close - Up Close - February 28, 2013
Lenders said not likely to fill student-loan funding gap
Private loan origination is expected to stay below pre-crisis level, Fitch says

Business Wire

Fitch Ratings, of New York, says it expects the gap between rising U.S. college costs and available financing to continue expanding in future years as a result of static federal loan limits and ongoing congressional debate over fiscal spending cuts.

Private student lending likely will expand to fill part of the funding shortfall, but private loan origination volumes will remain well below their pre-crisis peak, given reduced lender participation and more challenging market liquidi...


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