SoFi Blog

Tips and news—
for your financial moves.

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Paying Off Medical School Debt During Residency

Residency can be both exhilarating and terrifying. You survived med school and are officially a doctor. You’re finally practicing medicine in the real world. But behind the excitement and responsibility is stress.

As a resident, you’re working crazy hours, running on minimal sleep, all while trying to save lives and make no mistakes. On top of all that, many residents are acclimating to life in a new city. And trying to figure out how to pay off a boatload of medical school debt in residency.

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Navigating Finances in the First Year of Marriage

As the saying goes, first comes love, then comes marriage. But after the joyous celebration, what really happens in the first year—and beyond—of wedded bliss?

SoFi recently partnered with Zola , the company reinventing wedding planning and registry with free wedding websites, beautiful wedding paper, the best wedding registry, and more. We’re excited to say that as of today, Zola couples can register for their financial goals like a joint investment account or help with student debt repayment with SoFi.

“Zola’s new partnership with SoFi helps guide couples through the process of creating joint bank accounts so they can save for the future. Couples already rely on Zola to easily plan their wedding and register, so now we are helping them make the transition to newlywed life a little easier too,” says Jennifer Spector, Zola’s Director of Brand.

As part of the partnership, Zola and SoFi surveyed over 1,000 newlyweds* to uncover their attitudes toward money.

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Explaining the New White House Proposal on Capping Student Loans

In our efforts to bring you the latest updates on things that might impact your financial life, we may occasionally enter the political fray, covering candidates, bills, laws and more.
Please note: SoFi does not endorse or take official positions on any candidates and the bills they may be sponsoring or proposing. We may occasionally support legislation that we believe would be beneficial to our members, and will make sure to call it out when we do. Our reporting otherwise is for informational purposes only, and shouldn’t be construed as an endorsement.

The Trump Administration has proposed a cap on the amount that parents and graduate students would be able to borrow from the federal government to pay for higher education. The administration says their effort is an attempt to curb tuition costs and student loan debt, which reached an outstanding $1.465 trillion in late 2018. Here’s a look at what these changes might mean for parents and grad students.

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Sustainable Investing for Earth Day

On April 22, millions of people around the world will participate in Earth Day-related activities. Some people will march to raise awareness, some will plant trees, and some will take the time to clean up plastic and trash that has been carelessly discarded.

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