The removal of FFELP is a going concern for certain student loan issuers/servicers that have predominantly existed for the purpose of purchasing,originating,and servicing loans under the program, a Fitch Ratings report said. 

The program's end means that many state- based, quasi-governmental, and not-for-profit  issuers  are changing  their  business  models as they are no longer able to purchase or originate new loans, leaving them with a portfolio that will run-off overtime.  

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.