Sofi Stock Rises. What Trump’s Changes to Student Loans Could Mean for the Fintech.
1. Trump administration may sell $1.6 trillion federal student loan portfolio. 2. SoFi shares rose 4.34% on the potential federal loan sale news. 3. Federal student loans account for over 90% of student loan debt. 4. Less federal lending may drive borrowers to SoFi's refinancing options. 5. SoFi's CEO expressed readiness to capture lending opportunities.