Private student loan is a financing option for higher education in the United States that can supplement, but should not replace.Students accrue interest while they are in college, but repayments may not begin until after graduation.
This report contains market size and forecasts of Private Student Loans in Global, including the following market information:
Global Private Student Loans Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Private Student Loans market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Undergraduate School Loans Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Private Student Loans include LendKey, Citizens, Discover Bank, College Ave, Sallie Mae, SoFi, Mefa, MPOWER and Earnest, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Private Student Loans companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Private Student Loans Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Private Student Loans Market Segment Percentages, by Type, 2021 (%)
Undergraduate School Loans
Graduate School Loans
Parent Loans
Others
Global Private Student Loans Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Private Student Loans Market Segment Percentages, by Application, 2021 (%)
Students
Parents
Global Private Student Loans Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Private Student Loans Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Private Student Loans revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Private Student Loans revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
LendKey
Citizens
Discover Bank
College Ave
Sallie Mae
SoFi
Mefa
MPOWER
Earnest
Ascent
Ascent Funding
Purefy
Credible
EDvestinU
Education Loan Finance