Source: Business Insider
President Donald Trump's federal student-loan repayment changes could drive borrowers toward risky private lending products. John Taggart/Bloomberg via Getty ImagesA new report said Trump's student-loan repayment changes could lead borrowers to riskier, subprime private loans. Traditional prime lenders would deny 40% of Americans due to low credit, the report saysFederal borrowers are expected to turn to private lending due to new borrowing caps on advanced degrees.
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