Capping US student loans could boost ABS – DBRS

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Capping US student loans could boost ABS – DBRS

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The Promoting Real Opportunity, Success and Prosperity through Education Reform (Prosper) Act, which proposes capping federally guaranteed student loans and removing loan forgiveness from income-based repayment (IBR) plans, could benefit lenders and increase student loan ABS volume, said DBRS in a midweek research note.

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