College Ave Student Loans closes $300 million securitization of private student loans:
Business Insider Intelligence
The alt lender, which launched in 2014, aims to help students pay for their school fees by offering loans for undergraduates, graduates, and parents of students. With $1.5 trillion owed throughout the US, student loans are the second largest form of household debt in the country, per the New York Fed Consumer Credit Panel and Equifax.
Hence, there will likely be high demand for services like College Ave that make it easier for consumers to pay for their education.
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