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Student loan debt is in crisis but what can we learn from this FINTECH?
Manage episode 332904656 series 2954983
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You might be surprised to learn that among all the fintechs out there solving for so many unique problems that it’s a student loan provider that American Banker named best fintech to work for.
According to the Education Data Initiative, the average public university student borrows about $30,000 to obtain a bachelor’s degree. Meanwhile, those who attend private universities borrow around $44,000 on average. Debt loads are also disproportionately impacting minority students.
MPOWER is aiming to reshuffle the deck and help students, particularly those from outside of the United States, choose the right loans and educational experiences. Oh, and American Banker just ranked them the top fintech in the U.S. to work for!
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