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Global Student Loan Market Size study, By Type (Federal/Government Loan, Private Loan), By Repayment Plan (Standard Repayment Plan, Graduated Repayment Plan, Revised Pay As You Earn (REPAYE), Income-based (IBR)), By Age Group (24 or Younger, 25 to 34, Above 35), By End User (Graduate Students, High School Student), and Regional Forecasts 2022-2028

August 2022 | 200 pages | ID: GEAE77113628EN
Bizwit Research & Consulting LLP

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Global Student Loan Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028.

The Student Loan can be defined as a type of loan specially designed and intended for students to help the pay for pursuing higher education in domestic as well international countries. Student mostly covers fees associated with tuition cost, books & supplies costs. The increasing number of students studying in abroad and subsidized interests offered by the lenders as well as recent initiatives from leading market players are factors that are accelerating the global market demand. For instance, as per NAFSA: Association of International Educators estimates – during 2019, international students at U.S. colleges and universities during the 2019-2020 academic year contributed USD 38.7 billion to the U.S. economy. Furthermore, the market witnessed several strategic initiatives from leading market players including new innovative product lunches as well as new funding activities. For instance, in March 2022, Bengaluru, India based Student loan fintech platform Kuhoo raised USD 20 million from WestBridge Capital. The company offers digital loans to students studying in Universities in India and Abroad. Moreover, in June 2022, India based ICICI Bank launched a digital platform named 'Campus Power' for students looking out to pursue higher education in India and abroad. This new platform enable users to navigate different financial products offered by the bank and provide access to other value-added services related to higher studies in India and abroad including Canada, UK, Germany, USA, and Australia. Also, growing cost of education worldwide and favorable initiatives from government authorities are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a longer repayment period and increasing number of student loan defaults impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Student Loan Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing number of favorable initiatives from government authorities and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of education sector and increasing number of product innovations from leading market players, would create lucrative growth prospects for the global Student Loan Market across the Asia Pacific region.

Major market players included in this report are:
Ascent Funding, LLC
Avanse Financial Services Ltd.
Citizens Financial Group, Inc.
Carvana
Earnest LLC
Edfinancial Services, LLC
Eduvanz Financing Private Limited
LendKey Technologies, Inc.
MPOWER Financing
Wells Fargo



The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
Federal/Government Loan
Private Loan
By Repayment Plan
Standard Repayment Plan
Graduated Repayment Plan
Revised Pay as You Earn (REPAYE)
Income-based (IBR)
By Age Group
24 or Younger
25 to 34
Above 35
By End User
Graduate Students
High School Student
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Student Loan Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
  1.2.1. Global Student Loan Market, by Region, 2020-2028 (USD Million)
  1.2.2. Global Student Loan Market, by Type, 2020-2028 (USD Million)
  1.2.3. Global Student Loan Market, by Repayment Plan, 2020-2028 (USD Million)
  1.2.4. Global Student Loan Market, by Age Group, 2020-2028 (USD Million)
  1.2.5. Global Student Loan Market, by End User, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL STUDENT LOAN MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL STUDENT LOAN MARKET DYNAMICS

3.1. Student Loan Market Impact Analysis (2020-2028)
  3.1.1. Market Drivers
    3.1.1.1. Increasing number of students studying in abroad.
    3.1.1.2. Subsidized interests offered by the lenders
    3.1.1.3. Recent initiatives from leading market players.
  3.1.2. Market Challenges
    3.1.2.1. Longer repayment period
    3.1.2.2. Increasing number of student loan defaults
  3.1.3. Market Opportunities
    3.1.3.1. Growing cost of education worldwide.
    3.1.3.2. Favourable initiatives from government authorities.

CHAPTER 4. GLOBAL STUDENT LOAN MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

  5.1.1. Assessment of the overall impact of COVID-19 on the industry
  5.1.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL STUDENT LOAN MARKET, BY TYPE

6.1. Market Snapshot
6.2. Global Student Loan Market by Type, Performance - Potential Analysis
6.3. Global Student Loan Market Estimates & Forecasts by Type 2018-2028 (USD Million)
6.4. Student Loan Market, Sub Segment Analysis
  6.4.1. Federal/Government Loan
  6.4.2. Private Loan

CHAPTER 7. GLOBAL STUDENT LOAN MARKET, BY REPAYMENT PLAN

7.1. Market Snapshot
7.2. Global Student Loan Market by Repayment Plan, Performance - Potential Analysis
7.3. Global Student Loan Market Estimates & Forecasts by Repayment Plan 2018-2028 (USD Million)
7.4. Student Loan Market, Sub Segment Analysis
  7.4.1. Standard Repayment Plan
  7.4.2. Graduated Repayment Plan
  7.4.3. Revised Pay as You Earn (REPAYE)
  7.4.4. Income-based (IBR)

CHAPTER 8. GLOBAL STUDENT LOAN MARKET, BY AGE GROUP

8.1. Market Snapshot
8.2. Global Student Loan Market by Age Group, Performance - Potential Analysis
8.3. Global Student Loan Market Estimates & Forecasts by Age Group 2018-2028 (USD Million)
8.4. Student Loan Market, Sub Segment Analysis
  8.4.1. 24 or Younger
  8.4.2. 25 to
  8.4.3. Above

CHAPTER 9. GLOBAL STUDENT LOAN MARKET, BY END USER

9.1. Market Snapshot
9.2. Global Student Loan Market by End User, Performance - Potential Analysis
9.3. Global Student Loan Market Estimates & Forecasts by End User 2018-2028 (USD Million)
9.4. Student Loan Market, Sub Segment Analysis
  9.4.1. Graduate Students
  9.4.2. High School Student

CHAPTER 10. GLOBAL STUDENT LOAN MARKET, REGIONAL ANALYSIS

10.1. Student Loan Market, Regional Market Snapshot
10.2. North America Student Loan Market
  10.2.1. U.S. Student Loan Market
    10.2.1.1. Type estimates & forecasts, 2018-2028
    10.2.1.2. Repayment Plan estimates & forecasts, 2018-2028
    10.2.1.3. Age Group estimates & forecasts, 2018-2028
    10.2.1.4. End User estimates & forecasts, 2018-2028
  10.2.2. Canada Student Loan Market
10.3. Europe Student Loan Market Snapshot
  10.3.1. U.K. Student Loan Market
  10.3.2. Germany Student Loan Market
  10.3.3. France Student Loan Market
  10.3.4. Spain Student Loan Market
  10.3.5. Italy Student Loan Market
  10.3.6. Rest of Europe Student Loan Market
10.4. Asia-Pacific Student Loan Market Snapshot
  10.4.1. China Student Loan Market
  10.4.2. India Student Loan Market
  10.4.3. Japan Student Loan Market
  10.4.4. Australia Student Loan Market
  10.4.5. South Korea Student Loan Market
  10.4.6. Rest of Asia Pacific Student Loan Market
10.5. Latin America Student Loan Market Snapshot
  10.5.1. Brazil Student Loan Market
  10.5.2. Mexico Student Loan Market
10.6. Rest of The World Student Loan Market

CHAPTER 11. COMPETITIVE INTELLIGENCE

11.1. Top Market Strategies
11.2. Company Profiles
  11.2.1. Ascent Funding LLC
    11.2.1.1. Key Information
    11.2.1.2. Overview
    11.2.1.3. Financial (Subject to Data Availability)
    11.2.1.4. Product Summary
    11.2.1.5. Recent Developments
  11.2.2. Avanse Financial Services Ltd.
  11.2.3. Citizens Financial Group, Inc.
  11.2.4. Carvana
  11.2.5. Earnest LLC
  11.2.6. Edfinancial Services, LLC
  11.2.7. Eduvanz Financing Private Limited
  11.2.8. LendKey Technologies, Inc.
  11.2.9. MPOWER Financing
  11.2.10. Wells Fargo

CHAPTER 12. RESEARCH PROCESS

12.1. Research Process
  12.1.1. Data Mining
  12.1.2. Analysis
  12.1.3. Market Estimation
  12.1.4. Validation
  12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Student Loan Market, report scope
TABLE 2. Global Student Loan Market estimates & forecasts by Region 2018-2028 (USD Million)
TABLE 3. Global Student Loan Market estimates & forecasts by Type 2018-2028 (USD Million)
TABLE 4. Global Student Loan Market estimates & forecasts by Repayment Plan 2018-2028 (USD Million)
TABLE 5. Global Student Loan Market estimates & forecasts by Age Group 2018-2028 (USD Million)
TABLE 6. Global Student Loan Market estimates & forecasts by End User 2018-2028 (USD Million)
TABLE 7. Global Student Loan Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 8. Global Student Loan Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 9. Global Student Loan Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 10. Global Student Loan Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 11. Global Student Loan Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 12. Global Student Loan Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 13. Global Student Loan Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 14. Global Student Loan Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 15. Global Student Loan Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 16. Global Student Loan Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 17. U.S. Student Loan Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 18. U.S. Student Loan Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 19. U.S. Student Loan Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 20. Canada Student Loan Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 21. Canada Student Loan Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 22. Canada Student Loan Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 23. UK Student Loan Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 24. UK Student Loan Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 25. UK Student Loan Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 26. Germany Student Loan Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 27. Germany Student Loan Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 28. Germany Student Loan Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 29. RoE Student Loan Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 30. RoE Student Loan Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 31. RoE Student Loan Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 32. China Student Loan Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 33. China Student Loan Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 34. China Student Loan Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 35. India Student Loan Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 36. India Student Loan Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 37. India Student Loan Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 38. Japan Student Loan Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 39. Japan Student Loan Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 40. Japan Student Loan Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 41. RoAPAC Student Loan Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 42. RoAPAC Student Loan Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 43. RoAPAC Student Loan Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 44. Brazil Student Loan Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 45. Brazil Student Loan Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 46. Brazil Student Loan Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 47. Mexico Student Loan Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 48. Mexico Student Loan Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 49. Mexico Student Loan Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 50. RoLA Student Loan Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 51. RoLA Student Loan Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 52. RoLA Student Loan Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 53. Row Student Loan Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 54. Row Student Loan Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 55. Row Student Loan Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 56. List of secondary sources, used in the study of global Student Loan Market
TABLE 57. List of primary sources, used in the study of global Student Loan Market
TABLE 58. Years considered for the study
TABLE 59. Exchange rates considered

LIST OF FIGURES

FIG 1. Global Student Loan Market, research methodology
FIG 2. Global Student Loan Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Student Loan Market, key trends 2021
FIG 5. Global Student Loan Market, growth prospects 2022-2028
FIG 6. Global Student Loan Market, porters 5 force model
FIG 7. Global Student Loan Market, pest analysis
FIG 8. Global Student Loan Market, value chain analysis
FIG 9. Global Student Loan Market by segment, 2018 & 2028 (USD Million)
FIG 10. Global Student Loan Market by segment, 2018 & 2028 (USD Million)
FIG 11. Global Student Loan Market by segment, 2018 & 2028 (USD Million)
FIG 12. Global Student Loan Market by segment, 2018 & 2028 (USD Million)
FIG 13. Global Student Loan Market by segment, 2018 & 2028 (USD Million)
FIG 14. Global Student Loan Market, regional snapshot 2018 & 2028
FIG 15. North America Student Loan Market 2018 & 2028 (USD Million)
FIG 16. Europe Student Loan Market 2018 & 2028 (USD Million)
FIG 17. Asia pacific Market 2018 & 2028 (USD Million)
FIG 18. Latin America Student Loan Market 2018 & 2028 (USD Million)
FIG 19. Global Student Loan Market, company Market share analysis (2021)


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