The private education loan business is projected to be a $40–$45 billion industry by the 2009–2010 academic year, driven by rising tuition cost, growing enrollment, and the increasing gap between federal loan limits and education costs. By making education loans part of your business plan, you can:
· Meet growing market demand for education loans.
· Offer a product that creates lifetime customers – from preschool to retirement.
· Give clients an interest-deductible loan option for their educational needs.*
If you already offer education loans, AIG United Guaranty’s private education loan default insurance can protect your bottom line from losses due to borrower default and assist you with accomplishing your risk management objectives.
*AIG United Guaranty does not provide tax advice. Borrowers analyzing tax options should consult their tax advisor.