Major private student-loan companies are 'excited' about Trump's repayment overhaul

President Donald Trump's student-loan repayment changes could prompt more borrowers to turn to private lending.

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• Trump's changes to student-loan repayment include new borrowing caps for advanced degrees.
• Private lenders said on earnings calls that the federal changes could bring more borrowers to the private industry.
• Borrowers could also choose to forgo graduate programs due to anticipated limited federal financing.

Private student-loan...