Student Loan news and trends

E*Trade Buys Student Loan Startup Gradifi
Partnerships / Acquisitions // December 12, 2019

Online discount brokerage firm E*TRADE has acquired Gradifi, a student loan benefits and financial wellness provider, E*TRADE announced in a press release on Monday (Dec. 9). Scott Whatley, president of E*TRADE Corporate Services, said that assisting personnel with achieving fiscal prosperity means grappling with student...

Startup Pillar Aims To Help Students Pay Down Debt
Investments // May 30, 2019

A new startup named Pillar, which aims to help students pay down loan debt, recently received $5.5 million in seed money from Kleiner Perkins, according to a report. The app will connect with the loan provider and a person’s bank, and can then communicate with...

Americans’ Debt Level Hits New High
Debt // August 16, 2017

America’s debt level hit another record high in the second quarter, after having surpassed its pre-crisis peak earlier in the year. According to Reuters, total U.S. household debt was $12.84 trillion in the three months to June, up $552 billion from a year ago, according...

LendKey And Unlocking A Generation Of Borrowers For Small Banks And Credit Unions
Alternative Finances // July 25, 2017

For value, the Federal Reserve estimates that a college grad will make about $830,000 over the course of a lifetime; the Georgetown University Center for Education and the Workforce estimates the value at around a cool million. A big payout to be sure, but one...

Interviews & Exclusives
LendKey And Unlocking A Generation Of Borrowers For Small Banks And Credit Unions

July 25, 2017
For value, the Federal Reserve estimates that a college grad will make about $830,000 over the course of a lifetime; the Georgetown University Center for Education and the Workforce estimates the value at around a cool million. A big payout to be sure, but one that requires a significant upfront investment of time and treasure. […]

Quick Reads
Pillar Offers Gifting Platform For Student Loan Payments

December 17, 2019
Student loan personal finance platform Pillar has launched a gift initiative for the holidays called Boost, according to a release. Boost will allow for friends and family to gift payments to help someone paying off student loan debt. The payments will be automatically applied toward a person’s balance. “This year for the holidays I’m asking […]

E*Trade Buys Student Loan Startup Gradifi

December 12, 2019
Online discount brokerage firm E*TRADE has acquired Gradifi, a student loan benefits and financial wellness provider, E*TRADE announced in a press release on Monday (Dec. 9). Scott Whatley, president of...

Startup Pillar Aims To Help Students Pay Down Debt

May 30, 2019
A new startup named Pillar, which aims to help students pay down loan debt, recently received $5.5 million in seed money from Kleiner Perkins, according to a report. The app...

Americans’ Debt Level Hits New High

August 16, 2017
America’s debt level hit another record high in the second quarter, after having surpassed its pre-crisis peak earlier in the year. According to Reuters, total U.S. household debt was $12.84...