SoFi Stock Surges As Trump Administration Considers Selling $1.6 Trillion Student Loan Portfolio To Private Lenders - SoFi Technologies (NASDAQ:SOFI)

Shares of SoFi Technologies Inc. (NASDAQ:SOFI) jumped on Tuesday amid reports that the President Donald Trump administration may sell parts of the federal government's $1.6 trillion student loan portfolio to private lenders, fueling optimism for the fintech's growth.Trump Administration Weighs Selling Federal Student Loans To Private LendersSenior officials at the Treasury Department and the Department of Education have discussed transferring "high-performing" student loans to the private sector, according ...