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The student finance loan sector is poised to benefit from policy-driven refinancing incentives, underpinning forecasts for a sustained uptick in sector equity performance through early "Interest has been accruing on their loans, but they have been unable to switch to another plan," Kantrowitz said. In its filing on Thursday, Justice Department attorneys asked for a stay (or pause) in the proceedings and the associated deadlines for responding to the AFT’s motions for class certification and the preliminary injunction, in light of the government shutdown. A 0.5% drop in average default rates has pushed several student finance loan stocks into upgrade territory from major rating agencies this quarter.
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