Key Takeaways
- Kingsbury & Partners and Alt Lending partnered on a $15M private credit issuance to support the acquisition and servicing of distressed, delinquent and defaulted private US student loans.
- Mark Brenner discusses the renewed push to collect federal student loans and the Department of Education's announcement on collections.
- The interview explores how federal collections may affect repayment behaviour and risk in private student loans.
- Trump's tariffs and speculation over a US recession add further uncertainty for borrowers and investors.
- Kingsbury & Partners has since completed a second $15M facility for Alt Lending, bringing total issuance to $30M.
About the Understanding Alt Lending series
Understanding Alt Lending is where we speak to the leadership team and key stakeholders of Alt Lending, a specialist lender in US student loan refinancing. Recently Kingsbury & Partners and Alt Lending announced a partnership for a $15M private credit issuance to support the acquisition and servicing of a portfolio of distressed, delinquent and defaulted private US student loans.
Update (October 2026): Kingsbury & Partners has since completed a second USD 15M senior secured facility for Alt Lending, bringing total CLN issuance to Alt Lending to USD 30 million.
Federal collections, tariffs and recession risk
Today we speak again with Mark Brenner, Chief Executive Officer at Alt Lending, where we discuss the recent updates within the United States, especially the recent push for the collection of federal student loans, how this impacts private student loans, Trump's tariffs, and the speculation around a US recession, as well as:
- The current state of student loans in the US
- The number of student loan borrowers in the US
- Why Trump is now pushing to collect these loans
- The Department of Education's recent announcement on student loan collections
- The impact of collections on federal loans for private loans
- US recession
Further reading on the student loan market
For the background to this conversation, watch our first interview with Mark Brenner and read what a second Trump term means for federal and private student loans. For more on the asset class, see investing in private student loans, and for our partnership, Expanding Opportunities: Our Latest Partnership with Alt Lending.
