In Orchard's December 30 Weekly Snapshot it highlights reports from Even, the Consumer Financial Protection Bureau and American Banker; in online lending stocks, Square reported the highest monthly return, trading at $13.73 for a gain of 6.11%; in UK listed stocks, the VPC Specialty Lending Fund led monthly returns with a gain of 8.01%; in US listed marketplace lending funds, the River North Marketplace Lending Fund had a one month return of -0.87%. Source
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Currently the student loan debt market is at approximately $1.4 trillion; market share from government lenders has been on the rise under the Obama administration with federal student loans accounting for approximately 93% of the market versus 88% in 2008; in the Trump administration it is likely that private lenders will take a larger share as Republicans favor more financing options from private sector participants; since the November 8 election, shares of private lender Sallie Mae have increased 55%; marketplace lenders are also likely to take part in a market shift towards private student lending, specifically as their student loan offerings continue to expand. Source
