SoFi Blog

Last week we hosted a negotiation panel in NYC. The intent? To discuss raises, promotions, and new job approaches with experienced talent acquisition professionals—and share the information with our community of members. One of the panelists, Gladys Chen, answers the most common questions from the conversation, below.  

Most people think that doctors have it pretty easy when it comes to paying off medical student loans. Sure, they rack up six figures worth of student debt—but their outsized salaries should help them decimate those loans in no time (not to mention set them up for life).

However, if you’re a doctor, you know the reality of having medical school loans is more complicated than people might think. For one thing, you don’t start making “student loan payoff money” until you’re out of residency, which—depending on your focus—can take 3, 4, 5, even 10 years. During that time you have to juggle a big student loan balance with a relatively small paycheck, learn the nuances of various medical school loan repayment programs, and stay on top of changing student loan legislation that can impact your payments or potential student loan forgiveness.

At SoFi, we know our members are committed to financial wellness. We also know they’re working hard to accomplish great things in their careers. So aside from offering financial solutions, our Career Coaching team is here to help them excel and reach the goals they set.  

Andrew Dietrich refinanced his student loans with us. Then he went through our Entrepreneur Program to help start Final. Within two days of launching their site last year, Final had 20,000 signups. Read on to hear how the idea came about, the challenges the founders have faced, and why it’s important to take advice with a grain of salt.

It’s time once again to celebrate St. Patrick’s Day, which means a lot of people have luck on the brain. Well, luck and green beer.

But if you’re one of the 37 million Americans making a student loan payment this month, you know it’s going to take more than a few four-leaf clovers to get out of debt any time soon. Wondering how to pay off student loans fast without having to win the lottery? Make your own student loan luck with one of these student loan repayment options.