The FTC announced this morning its has approved the final consent order with online student loan refinancer SoFi, which resolves the allegations around the SoFi’s deceptive advertising practices. Last October, the FTC issued a complaint stating that SoFi had been misrepresenting how much money student loan borrowers could save in its online, TV and direct […]
View More FTC finalizes settlement with student loan refinancer SoFi over deceptive advertisingCategory: Student Debt
Investors are pouring money into Frank, a TurboTax for student loan applications
Venture capitalists have been trying to make money from the higher education market for years. It’s a rich target for the clutch of investor that pride themselves (in their better moments) on investing in companies that can improve society, and that work to fix broken systems, and a new startup Frank is the latest attempt to make a lasting change in the industry. At this point no one… Read More
Parents save more for their sons’ college educations than their daughters’
Women earn less than men. They invest less than men. They end up in college majors that lead to jobs with lower salaries.
And it all starts with their parents’ college funds.
Two studies recently found that parents save less for their dau…