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VisitStudent loan portfolio default rates increase significantly by June 30, 2025?
Yes • 50%
No • 50%
Financial reports and statements from Carlyle Group and KKR
Carlyle and KKR Beat Rivals to Win $10 Billion Discover Financial Student Loan Portfolio
Jun 27, 2024, 02:00 AM
Carlyle Group and KKR have successfully won an auction, beating rivals, to acquire a $10 billion student loan portfolio from Discover Financial Services. This acquisition marks one of the largest loan portfolio sales of the year. The portfolio primarily consists of student loans previously managed by Discover Financial Services. The two private equity firms are near a deal to take control of the portfolio.
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Increase in repayment rates • 25%
Decrease in repayment rates • 25%
No significant change • 25%
Data not available • 25%
Implemented as planned • 25%
Implemented with modifications • 25%
Not implemented • 25%
No decision by date • 25%
Relief Plan Overturned • 25%
Relief Plan Upheld • 25%
New Relief Plan Introduced • 25%
No Major Decision • 25%
Increase in forgiveness amount • 25%
Expansion to include more professions • 25%
Reduction in eligibility criteria • 25%
No major changes • 25%
Yes • 50%
No • 50%
Less than $1 billion • 25%
$1 billion to $2 billion • 25%
$2 billion to $3 billion • 25%
More than $3 billion • 25%
0-25% • 25%
26-50% • 25%
51-75% • 25%
76-100% • 25%
No • 50%
Yes • 50%
Decreased default rates • 33%
Increased revenue • 33%
Increased portfolio value • 34%
New COO for the portfolio • 34%
New CEO for the portfolio • 33%
New CFO for the portfolio • 33%