Private Student Loans Market, Global Outlook and Forecast 2022-2028

April 2022 | 107 pages | ID: P63A8279F508EN
Market Monitor Global

Abstracts

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

Contents

1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Private Student Loans Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global Private Student Loans Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL PRIVATE STUDENT LOANS OVERALL MARKET SIZE

2.1 Global Private Student Loans Market Size: 2021 VS 2028
2.2 Global Private Student Loans Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
  2.3.1 Market Opportunities & Trends
  2.3.2 Market Drivers
  2.3.3 Market Restraints

3 COMPANY LANDSCAPE

3.1 Top Private Student Loans Players in Global Market
3.2 Top Global Private Student Loans Companies Ranked by Revenue
3.3 Global Private Student Loans Revenue by Companies
3.4 Top 3 and Top 5 Private Student Loans Companies in Global Market, by Revenue in 2021
3.5 Global Companies Private Student Loans Product Type
3.6 Tier 1, Tier 2 and Tier 3 Private Student Loans Players in Global Market
  3.6.1 List of Global Tier 1 Private Student Loans Companies
  3.6.2 List of Global Tier 2 and Tier 3 Private Student Loans Companies

4 MARKET SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 by Type - Global Private Student Loans Market Size Markets, 2021 & 2028
  4.1.2 Undergraduate School Loans
  4.1.3 Graduate School Loans
  4.1.4 Parent Loans
  4.1.5 Others
4.2 By Type - Global Private Student Loans Revenue & Forecasts
  4.2.1 By Type - Global Private Student Loans Revenue, 2017-2022
  4.2.2 By Type - Global Private Student Loans Revenue, 2023-2028
  4.2.3 By Type - Global Private Student Loans Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Private Student Loans Market Size, 2021 & 2028
  5.1.2 Students
  5.1.3 Parents
5.2 By Application - Global Private Student Loans Revenue & Forecasts
  5.2.1 By Application - Global Private Student Loans Revenue, 2017-2022
  5.2.2 By Application - Global Private Student Loans Revenue, 2023-2028
  5.2.3 By Application - Global Private Student Loans Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Private Student Loans Market Size, 2021 & 2028
6.2 By Region - Global Private Student Loans Revenue & Forecasts
  6.2.1 By Region - Global Private Student Loans Revenue, 2017-2022
  6.2.2 By Region - Global Private Student Loans Revenue, 2023-2028
  6.2.3 By Region - Global Private Student Loans Revenue Market Share, 2017-2028
6.3 North America
  6.3.1 By Country - North America Private Student Loans Revenue, 2017-2028
  6.3.2 US Private Student Loans Market Size, 2017-2028
  6.3.3 Canada Private Student Loans Market Size, 2017-2028
  6.3.4 Mexico Private Student Loans Market Size, 2017-2028
6.4 Europe
  6.4.1 By Country - Europe Private Student Loans Revenue, 2017-2028
  6.4.2 Germany Private Student Loans Market Size, 2017-2028
  6.4.3 France Private Student Loans Market Size, 2017-2028
  6.4.4 U.K. Private Student Loans Market Size, 2017-2028
  6.4.5 Italy Private Student Loans Market Size, 2017-2028
  6.4.6 Russia Private Student Loans Market Size, 2017-2028
  6.4.7 Nordic Countries Private Student Loans Market Size, 2017-2028
  6.4.8 Benelux Private Student Loans Market Size, 2017-2028
6.5 Asia
  6.5.1 By Region - Asia Private Student Loans Revenue, 2017-2028
  6.5.2 China Private Student Loans Market Size, 2017-2028
  6.5.3 Japan Private Student Loans Market Size, 2017-2028
  6.5.4 South Korea Private Student Loans Market Size, 2017-2028
  6.5.5 Southeast Asia Private Student Loans Market Size, 2017-2028
  6.5.6 India Private Student Loans Market Size, 2017-2028
6.6 South America
  6.6.1 By Country - South America Private Student Loans Revenue, 2017-2028
  6.6.2 Brazil Private Student Loans Market Size, 2017-2028
  6.6.3 Argentina Private Student Loans Market Size, 2017-2028
6.7 Middle East & Africa
  6.7.1 By Country - Middle East & Africa Private Student Loans Revenue, 2017-2028
  6.7.2 Turkey Private Student Loans Market Size, 2017-2028
  6.7.3 Israel Private Student Loans Market Size, 2017-2028
  6.7.4 Saudi Arabia Private Student Loans Market Size, 2017-2028
  6.7.5 UAE Private Student Loans Market Size, 2017-2028

7 PLAYERS PROFILES

7.1 LendKey
  7.1.1 LendKey Corporate Summary
  7.1.2 LendKey Business Overview
  7.1.3 LendKey Private Student Loans Major Product Offerings
  7.1.4 LendKey Private Student Loans Revenue in Global Market (2017-2022)
  7.1.5 LendKey Key News
7.2 Citizens
  7.2.1 Citizens Corporate Summary
  7.2.2 Citizens Business Overview
  7.2.3 Citizens Private Student Loans Major Product Offerings
  7.2.4 Citizens Private Student Loans Revenue in Global Market (2017-2022)
  7.2.5 Citizens Key News
7.3 Discover Bank
  7.3.1 Discover Bank Corporate Summary
  7.3.2 Discover Bank Business Overview
  7.3.3 Discover Bank Private Student Loans Major Product Offerings
  7.3.4 Discover Bank Private Student Loans Revenue in Global Market (2017-2022)
  7.3.5 Discover Bank Key News
7.4 College Ave
  7.4.1 College Ave Corporate Summary
  7.4.2 College Ave Business Overview
  7.4.3 College Ave Private Student Loans Major Product Offerings
  7.4.4 College Ave Private Student Loans Revenue in Global Market (2017-2022)
  7.4.5 College Ave Key News
7.5 Sallie Mae
  7.5.1 Sallie Mae Corporate Summary
  7.5.2 Sallie Mae Business Overview
  7.5.3 Sallie Mae Private Student Loans Major Product Offerings
  7.5.4 Sallie Mae Private Student Loans Revenue in Global Market (2017-2022)
  7.5.5 Sallie Mae Key News
7.6 SoFi
  7.6.1 SoFi Corporate Summary
  7.6.2 SoFi Business Overview
  7.6.3 SoFi Private Student Loans Major Product Offerings
  7.6.4 SoFi Private Student Loans Revenue in Global Market (2017-2022)
  7.6.5 SoFi Key News
7.7 Mefa
  7.7.1 Mefa Corporate Summary
  7.7.2 Mefa Business Overview
  7.7.3 Mefa Private Student Loans Major Product Offerings
  7.7.4 Mefa Private Student Loans Revenue in Global Market (2017-2022)
  7.7.5 Mefa Key News
7.8 MPOWER
  7.8.1 MPOWER Corporate Summary
  7.8.2 MPOWER Business Overview
  7.8.3 MPOWER Private Student Loans Major Product Offerings
  7.8.4 MPOWER Private Student Loans Revenue in Global Market (2017-2022)
  7.8.5 MPOWER Key News
7.9 Earnest
  7.9.1 Earnest Corporate Summary
  7.9.2 Earnest Business Overview
  7.9.3 Earnest Private Student Loans Major Product Offerings
  7.9.4 Earnest Private Student Loans Revenue in Global Market (2017-2022)
  7.9.5 Earnest Key News
7.10 Ascent
  7.10.1 Ascent Corporate Summary
  7.10.2 Ascent Business Overview
  7.10.3 Ascent Private Student Loans Major Product Offerings
  7.10.4 Ascent Private Student Loans Revenue in Global Market (2017-2022)
  7.10.5 Ascent Key News
7.11 Ascent Funding
  7.11.1 Ascent Funding Corporate Summary
  7.11.2 Ascent Funding Business Overview
  7.11.3 Ascent Funding Private Student Loans Major Product Offerings
  7.11.4 Ascent Funding Private Student Loans Revenue in Global Market (2017-2022)
  7.11.5 Ascent Funding Key News
7.12 Purefy
  7.12.1 Purefy Corporate Summary
  7.12.2 Purefy Business Overview
  7.12.3 Purefy Private Student Loans Major Product Offerings
  7.12.4 Purefy Private Student Loans Revenue in Global Market (2017-2022)
  7.12.5 Purefy Key News
7.13 Credible
  7.13.1 Credible Corporate Summary
  7.13.2 Credible Business Overview
  7.13.3 Credible Private Student Loans Major Product Offerings
  7.13.4 Credible Private Student Loans Revenue in Global Market (2017-2022)
  7.13.5 Credible Key News
7.14 EDvestinU
  7.14.1 EDvestinU Corporate Summary
  7.14.2 EDvestinU Business Overview
  7.14.3 EDvestinU Private Student Loans Major Product Offerings
  7.14.4 EDvestinU Private Student Loans Revenue in Global Market (2017-2022)
  7.14.5 EDvestinU Key News
7.15 Education Loan Finance
  7.15.1 Education Loan Finance Corporate Summary
  7.15.2 Education Loan Finance Business Overview
  7.15.3 Education Loan Finance Private Student Loans Major Product Offerings
  7.15.4 Education Loan Finance Private Student Loans Revenue in Global Market (2017-2022)
  7.15.5 Education Loan Finance Key News

8 CONCLUSION

9 APPENDIX

9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

List Of Tables

LIST OF TABLES

Table 1. Private Student Loans Market Opportunities & Trends in Global Market
Table 2. Private Student Loans Market Drivers in Global Market
Table 3. Private Student Loans Market Restraints in Global Market
Table 4. Key Players of Private Student Loans in Global Market
Table 5. Top Private Student Loans Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Private Student Loans Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Private Student Loans Revenue Share by Companies, 2017-2022
Table 8. Global Companies Private Student Loans Product Type
Table 9. List of Global Tier 1 Private Student Loans Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Private Student Loans Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Private Student Loans Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Private Student Loans Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Private Student Loans Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global Private Student Loans Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Private Student Loans Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Private Student Loans Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global Private Student Loans Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Private Student Loans Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Private Student Loans Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Private Student Loans Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Private Student Loans Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Private Student Loans Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Private Student Loans Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Private Student Loans Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Private Student Loans Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Private Student Loans Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Private Student Loans Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Private Student Loans Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Private Student Loans Revenue, (US$, Mn), 2023-2028
Table 30. LendKey Corporate Summary
Table 31. LendKey Private Student Loans Product Offerings
Table 32. LendKey Private Student Loans Revenue (US$, Mn), (2017-2022)
Table 33. Citizens Corporate Summary
Table 34. Citizens Private Student Loans Product Offerings
Table 35. Citizens Private Student Loans Revenue (US$, Mn), (2017-2022)
Table 36. Discover Bank Corporate Summary
Table 37. Discover Bank Private Student Loans Product Offerings
Table 38. Discover Bank Private Student Loans Revenue (US$, Mn), (2017-2022)
Table 39. College Ave Corporate Summary
Table 40. College Ave Private Student Loans Product Offerings
Table 41. College Ave Private Student Loans Revenue (US$, Mn), (2017-2022)
Table 42. Sallie Mae Corporate Summary
Table 43. Sallie Mae Private Student Loans Product Offerings
Table 44. Sallie Mae Private Student Loans Revenue (US$, Mn), (2017-2022)
Table 45. SoFi Corporate Summary
Table 46. SoFi Private Student Loans Product Offerings
Table 47. SoFi Private Student Loans Revenue (US$, Mn), (2017-2022)
Table 48. Mefa Corporate Summary
Table 49. Mefa Private Student Loans Product Offerings
Table 50. Mefa Private Student Loans Revenue (US$, Mn), (2017-2022)
Table 51. MPOWER Corporate Summary
Table 52. MPOWER Private Student Loans Product Offerings
Table 53. MPOWER Private Student Loans Revenue (US$, Mn), (2017-2022)
Table 54. Earnest Corporate Summary
Table 55. Earnest Private Student Loans Product Offerings
Table 56. Earnest Private Student Loans Revenue (US$, Mn), (2017-2022)
Table 57. Ascent Corporate Summary
Table 58. Ascent Private Student Loans Product Offerings
Table 59. Ascent Private Student Loans Revenue (US$, Mn), (2017-2022)
Table 60. Ascent Funding Corporate Summary
Table 61. Ascent Funding Private Student Loans Product Offerings
Table 62. Ascent Funding Private Student Loans Revenue (US$, Mn), (2017-2022)
Table 63. Purefy Corporate Summary
Table 64. Purefy Private Student Loans Product Offerings
Table 65. Purefy Private Student Loans Revenue (US$, Mn), (2017-2022)
Table 66. Credible Corporate Summary
Table 67. Credible Private Student Loans Product Offerings
Table 68. Credible Private Student Loans Revenue (US$, Mn), (2017-2022)
Table 69. EDvestinU Corporate Summary
Table 70. EDvestinU Private Student Loans Product Offerings
Table 71. EDvestinU Private Student Loans Revenue (US$, Mn), (2017-2022)
Table 72. Education Loan Finance Corporate Summary
Table 73. Education Loan Finance Private Student Loans Product Offerings
Table 74. Education Loan Finance Private Student Loans Revenue (US$, Mn), (2017-2022)

List Of Figures

LIST OF FIGURES

Figure 1. Private Student Loans Segment by Type in 2021
Figure 2. Private Student Loans Segment by Application in 2021
Figure 3. Global Private Student Loans Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Private Student Loans Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Private Student Loans Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Private Student Loans Revenue in 2021
Figure 8. By Type - Global Private Student Loans Revenue Market Share, 2017-2028
Figure 9. By Application - Global Private Student Loans Revenue Market Share, 2017-2028
Figure 10. By Region - Global Private Student Loans Revenue Market Share, 2017-2028
Figure 11. By Country - North America Private Student Loans Revenue Market Share, 2017-2028
Figure 12. US Private Student Loans Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Private Student Loans Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Private Student Loans Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Private Student Loans Revenue Market Share, 2017-2028
Figure 16. Germany Private Student Loans Revenue, (US$, Mn), 2017-2028
Figure 17. France Private Student Loans Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Private Student Loans Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Private Student Loans Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Private Student Loans Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Private Student Loans Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Private Student Loans Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Private Student Loans Revenue Market Share, 2017-2028
Figure 24. China Private Student Loans Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Private Student Loans Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Private Student Loans Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Private Student Loans Revenue, (US$, Mn), 2017-2028
Figure 28. India Private Student Loans Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Private Student Loans Revenue Market Share, 2017-2028
Figure 30. Brazil Private Student Loans Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Private Student Loans Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Private Student Loans Revenue Market Share, 2017-2028
Figure 33. Turkey Private Student Loans Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Private Student Loans Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Private Student Loans Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Private Student Loans Revenue, (US$, Mn), 2017-2028
Figure 37. LendKey Private Student Loans Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. Citizens Private Student Loans Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Discover Bank Private Student Loans Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. College Ave Private Student Loans Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. Sallie Mae Private Student Loans Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. SoFi Private Student Loans Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. Mefa Private Student Loans Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. MPOWER Private Student Loans Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. Earnest Private Student Loans Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 46. Ascent Private Student Loans Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 47. Ascent Funding Private Student Loans Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 48. Purefy Private Student Loans Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 49. Credible Private Student Loans Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 50. EDvestinU Private Student Loans Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 51. Education Loan Finance Private Student Loans Revenue Year Over Year Growth (US$, Mn) & (2017-2022)