The seven largest student loan servicers can handle the bump in operating costs that will result from the new oversight of the Consumer Financial Protection Bureau (CFPB); but not the smaller servicers, Fitch Ratings said.

Last Tuesday, the CFPB finalized a rule that allows it to supervise the largest nonbank student loan servicers in the country.

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.