The Lifetime Value of a Student Loan Refinancing Relationship
Key Takeaways
- Student loan refinancing borrowers demonstrate strong repayment performance and low delinquency rates.
- Borrowers frequently deepen relationships with institutions after refinancing.
- Lender lifetime value models show significant cross-sell potential for deposit and credit products.
- The report includes quantitative borrower behavior data collected over a 10-year window.
Why Student Loan Refinancing Borrowers Matter for Lenders
Prime-credit consumers refinancing student loans are often in the early stages of higher lifetime earnings. This makes them attractive long-term relationship candidates for institutions seeking to grow lending portfolios, deposits, and cross-sell engagement. The research illustrates how these borrowers behave over time—both in repayment performance and in the additional financial products they adopt.
Long term opportunities for student loan refinancing extend well beyond the refinanced student loan. Banks and credit unions can tap into this loan offering to build relationships with consumers at their prime borrowing and earning years. To better understand and quantify these opportunities, Cornerstone Advisors surveyed consumers who refinanced a student loan sometime in the past 10 years.
Inside the Report
- National borrower survey conducted by Cornerstone Advisors
- Repayment, delinquency, and performance insights
- Average balances, credit profiles, and customer characteristics
- Cross-sell product adoption trends
- Lifetime value modeling for banks and credit unions
Download the report today to learn about the market opportunity for student loan refinancing as well as the appetite for cross-selling to these borrowers.
Download the Report Now
Simply fill out this form to download.
Download the Report Now
Simply fill out this form to download.
Key Takeaways
- Student loan refinancing borrowers demonstrate strong repayment performance and low delinquency rates.
- Borrowers frequently deepen relationships with institutions after refinancing.
- Lender lifetime value models show significant cross-sell potential for deposit and credit products.
- The report includes quantitative borrower behavior data collected over a 10-year window.
Why Student Loan Refinancing Borrowers Matter for Lenders
Prime-credit consumers refinancing student loans are often in the early stages of higher lifetime earnings. This makes them attractive long-term relationship candidates for institutions seeking to grow lending portfolios, deposits, and cross-sell engagement. The research illustrates how these borrowers behave over time—both in repayment performance and in the additional financial products they adopt.
Long term opportunities for student loan refinancing extend well beyond the refinanced student loan. Banks and credit unions can tap into this loan offering to build relationships with consumers at their prime borrowing and earning years. To better understand and quantify these opportunities, Cornerstone Advisors surveyed consumers who refinanced a student loan sometime in the past 10 years.
Inside the Report
- National borrower survey conducted by Cornerstone Advisors
- Repayment, delinquency, and performance insights
- Average balances, credit profiles, and customer characteristics
- Cross-sell product adoption trends
- Lifetime value modeling for banks and credit unions
Download the report today to learn about the market opportunity for student loan refinancing as well as the appetite for cross-selling to these borrowers.