Business Insider: Trump's student-loan repayment overhaul could push borrowers out of the federal system. Democratic lawmakers want to know if private lenders are ready.

Private student lenders are on track for some good years ahead, Democratic lawmakers said.

On Monday, Sen. Elizabeth Warren led some of her Democratic colleagues, including Sens. Bernie Sanders and Ron Wyden, in sounding the alarm on a potential influx of federal student-loan borrowers into the private lending market as a result of President Donald Trump's spending law.

Trump's legislation included a major overhaul to student-loan repayment, including capping borrowing on graduate and professional loans and condensing income-driven repayment options into two less-generous plans.

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